AutoCAD has a long history, and we go back all the way. Our primary developer started using AutoCAD with version 1.0 on the original IBM PC with a 10mb hard drive and CGA graphics (now we have mp3 files larger than that). Here is a detailed history, including corresponding drawing versions, .NET framework used, etc.
When Autodesk first introduced the Set Location tool (on the Insert tab) in 2016 we briefly experimented with it, thought it to be confusing at best and ignored it. It was a couple years later when someone sent us a drawing started this way that we determined it to be dangerous at the least.