In my experience orgs choose these low code tools because good engineers are expensive and many don't fundamentally understand the process of software development.

I've seen business-side product owners complain "why can't you just make it do XYZ this week, Excel can do that" without realizing the application is being built by like three people and if they want the feature roadmap to be on time -- that they themselves planned months ago -- doing something seemingly trivial might be a non-trivial refactor. Trying to keep them focused on the long term is like dealing with a toddler's attention span.

So then they get impatient and the business goes out and buys Salesforce, because it "does everything for cheap", and then they quickly realize if you want to do some non-trivial thing -- which their custom application of course needs to do -- they're shit out of luck or have to buy Marc Benioff a new island.