Most of the software on my machines are "old" because they are part of a Linux distribution that (aside from security issues) was frozen in time a year or two ago so that it could be tested, released, and maintained. I am quite happy to have a system that I know is not going to break (either itself, or my workflow) when I apply security updates.
People who MUST HAVE the latest version of everything I feel either have some deeper FOMO issues to work out, suffer from boredom, or look at their computers as hobbies themselves rather than tools. (Which is fine, just be honest about what it is.)
That said, much of my career has been spent working at companies who got so busy shipping features that upgrading infrastructure never makes it above the fold. You can tell the managers that working around old software adds costs that scale with the age of the infrastructure, but they don't always listen. I currently work at a company that still has loads of CentOS 7 hosts still in production, and only fairly recently began upgrading them to RHEL 8. (Not 9!)