Having used the Wolfram Language and Mathematica professionally for over seven years I think this is much cooler than the people who greenlighted this within the company realize. If there is one thing I love about the Wolfram Language is how fast it is to prototype something with it.
Given the scope of the language (or what you call standard library), most things that would require finding some external dependency, then writing some shim, are there out of the box. Whenever I have a weekend project idea it's always very very fast to prototype in the Wolfram Language.
Now, you don't want to use it in production because it's not open-source, fine. This license doesn't even allow that use anyway. But if you want to do a prototype, some MVP for an investor demo, a hackathon, then it's free and it's extremely powerful.
Most of the complaints here are about why you wouldn't build a company on our tech stack or why non-libre software is bad in production, but building production software is not what is being given away here, all the rest is.