What a wild economy. I have no complaints, I understand why it works that way. And all my plumber had to do was smile, provide a bit of customer service, and repair one pipe.
Unfortunately, most of they ways in which they do so were already done in the 70s. It's just repeating that work in more modern languages / stacks.
Some software is valuable according to this definition, e.g. Google search. Some is not, e.g. Google ad algorithms.
Software is an enabler. It depends what it's enabling.
Would be interesting to know the proportions.
But the plumbers all use Google and have iPhones... But they aren't getting any stock from the companies making these as part of their comp package.