There is immense value to the intern just for being around; the biggest things software dev interns learn isn’t how to code: it’s how to code as part of a team. So check-ins, CI/CD, automated testing, daily meeting cadence, architecture discussions, backlog grooming, code reviews... all things they don’t teach you in school, and all things that you need to know to develop software in the real world.

Most kids right out of school are honestly pretty decent coders. The internship is more about the professional skills than the technical ones.