Corporations are legal constructs that require specific ___domain knowledge to correctly administer and develop. MBAs are ostensibly targeted at that (in the same way Computer Science degrees are ostensibly targeted at teaching you ___domain knowledge to think and reason about the specific mathematics that underlie computers and software).
What you get out of them and their utility probably is very contextual in the same way any degree is.
My suspicion is that for many roles and at many times in a technology business, the utility is low, but that for some roles at some times, it is quite high.
Ultimately, the thing that's might be funky is that if you hire someone for their expertise in domains pertinent to MBAs, you are putting them very close to having control of the legal construct of your business. Like a sysadmin, you need to place a lot of trust in them to ensure they are doing their job correctly if you don't have the ___domain knowledge to provide careful oversight.
What you get out of them and their utility probably is very contextual in the same way any degree is.
My suspicion is that for many roles and at many times in a technology business, the utility is low, but that for some roles at some times, it is quite high.
Ultimately, the thing that's might be funky is that if you hire someone for their expertise in domains pertinent to MBAs, you are putting them very close to having control of the legal construct of your business. Like a sysadmin, you need to place a lot of trust in them to ensure they are doing their job correctly if you don't have the ___domain knowledge to provide careful oversight.