Is that USD? Fifty two thousand dollars for a watch? You can buy two Chevy Bolts for that.

One of the top stories on HN yesterday was about a company that paid 4-5 average people's wages per person for a team that sat on their butts 8 hours a day and wrote meeting scheduling software for a decade. This was done so they could then sell, not even the software, but... the right to their institutional knowledge for an additional few thousand years worth of average wages.

And of course they're permanently deleting the fruits of that decade's worth of work with 1 week's notice.

And this is the 2nd time the team's leaders have run this play, with the same buyer paying each time: seemingly they can just leave again and keep doing this ad nauseum. (Clockwise)

If you put the value we assign to software engineering in terms of other things it really doesn't make sense either. At least what these people did is something mechanically interesting, unique, and enduring vs the average CRUD app.