To find out what other people are doing, I can just look at source control or the ticketing system.
If things are properly organized, I don't really need to know 95%+ of the stuff other people are doing. When they are doing something that impacts me, they can tell me. I don't need a daily meeting for that.
The only advantage of the daily meeting seems to be micromanagement. But everyone has good days and bad days. There are some days where things come easily, and days when it's a struggle to do fixes that should be quick.