Right. Never underestimate the absolute stupidity of hierarchies. (Corp bureaucracy in this case).  Stuff gets done just to make people look good based on who can tell the most convincing lie, not based, primarily at least, even on what would be good for the company as a whole.

 Devs, in most cases, are at the very bottom of this all, and therefore pretty much less responsible and have the least autonomy over what they do