Rock bottom was probably derived from an earlier concept known as Bingo fuel which was popularized by pilots during WWII needing to determine when to turn flights with enough fuel to successfully return to the nearest friendly base.
The similarities to gas needed to reach exits during diving appear to be obvious. How much gas do you need, when considering:
Consumption rates adjusted for depth
Ascent rates
Stops
Overheads (deco, kelp, boat traffic, specific exits)
Current
Air sharing
Safety buffer considerations
Many dives are different so there is no one rock bottom calculation. Some dives follow similar profiles so "rules of thumb" or preset values) may be used.
Those interested in considering themselves "divers" in the sense of being able to move from one dive profile to another (without guidance) should be familiar with some realistic method of calculating rock bottom values. The degree of complexity varying with the dive profiles.
If you only have rudimentary skill in this area then you are restricted to rudimentary dive profiles, using guides or carrying ridiculous amounts of gas to compensate for having no clue as to actual anticipated consumption. For tourist divers, some charters use all three: simple dives, guides and large reserve values.
Learning to calculate rock bottom values is not an ego stroke as there is nothing wrong with doing simple dives if that's your thing. Lot's to see at shallow sheltered depths. It is a matter of safety though, when a diver begins to expand their experience to include unguided trips to more complex (than rudimentary) sites. At deeper depths, with other sensible divers, it becomes problematic to solely rely on retaining ridiculous amounts of reserve volume for safety and some may balk at this glaring deficit of knowledge.