> Not sure what the point of it is.

My only familiarity with it is because it's needed by brew. I honestly never looked into exactly what is in the package, but I assumed things like what is installed with -devel packages of yum/apt-get/dnf/etc. Lots of repos have common list of things to install like gcc/make/etc. Again, just guessing, but it's one of the first things I've always run on a new Mac to get it usable for CLI usage.