Ask HN: Do you think Agile/Scrum is beneficial for software delivery?

what are the pros and cons of sprints and daily standups in your experience

Coming from old school 'non-agile' financial world focused on bottom line I was in a bit of a shock learning about this daily standup ritual.

Besides being a dream for micromanagers, it seems to be more about signalling progress vs. actually making progress.

Do these extra bureaucracy layers, meetings, checkmarks and vague "man-points" estimates actually bring any value.