I've worked in places where people just say "nothing to report", and the meeting was over in one minute, and that's great - the team is using good tools and communicating well.

I've also worked in places where you need to have a daily session where we communicate, because there are so many different (often unforeseen) things happening.

Communicating is a necessary part of working together, and a daily standup gives everyone an arena to talk with each other - not everyone are good at communicating as much as they should be, unfortunately, and this makes everyone reflect and vocalize what they're doing ... which is a good thing.

Personally - I don't need daily standups, but development is a team effort.