It's a bit scary to see that one of the highest-voted answers to this question (188 points) is completely wrong. It says that the (0,0) hotspot simplified the calculations for a cursor position update, because you didn't have to add any (X,Y) offset. https://ux.stackexchange.com/a/52349/43259 The problem with this idea is that the arrow pointer was never the only cursor. On the first Macintosh, there were many others…
It's only scary at the beginning. Then you get used to it. Every single social media site - including HN - has uninformed people agreeing that a correct-sounding answer must be right. My friend the tax accountant gets downvoted for clarifying how taxes actually work. My wife the linguist gets downvotes for explaining no that's not how language works. It's not scary - it's typical.
It's really a great strength of human species. We may not exceed animals in any other quality, except for persistence hunting, but we are exceptional at copying the behavior of other individuals of our species without considering whether it's sensible or not. Even monkeys don't do this as much as humans.