Yeah, and electronic watches are designed to function without mechanical intervention. You say this like electrical systems are somehow less reliable than mechanical systems; and it couldn't be further from the truth.
Complication is inelegant. Adding jewels to hidden parts of your mechanism is bound to make it more prone to failure, considerably harder to build, and with no tangible benefit. It's a status thing, like pouring champagne on the floor or having a seven-car garage full of vintages and imports. In my opinion, all this flaunting shows a lack of class. It becomes about how much of your income you put toward useless nonsense.
I put complicated mechanical watches right up there with oxygen-free all-silver HDMI cables, pretending that vinyl sounds better than CD, and using "organic" household cleaners.