I've worked at places with these meetings. I was always talking to people who either already knew the information or didn't need to hear about it every day. In that setting a quick weekly status update would have made more sense.
Two other unfortunate things happened at one place that were I guess more a sign of dysfunction than a problem with stand ups per se. First, there was an arms race of "what I did yesterday" type descriptions that turned stand ups into a 30-minute production. Second, our manager had a habit of calling people out in the meetings in front of everybody (!). It created a stressful situation where people rambled on about nothing at length every morning. Stand ups were probably the least desirable part of that job.
Two other unfortunate things happened at one place that were I guess more a sign of dysfunction than a problem with stand ups per se. First, there was an arms race of "what I did yesterday" type descriptions that turned stand ups into a 30-minute production. Second, our manager had a habit of calling people out in the meetings in front of everybody (!). It created a stressful situation where people rambled on about nothing at length every morning. Stand ups were probably the least desirable part of that job.