alt Hacker News"Networking", in the abstract, can be good for finding a job. As they say, it's who you know not what you know.
That being said, industry networking events, like conferences and such, are almost not at all useful for that purpose. In my experience they're mostly used for B2B sales (which is a kind of networking, I guess).
That’s still networking. Companies often have referral bonuses for open positions so if a lot of salespeople know you, when there’s a referral bonus available they might just put your name in. It’s something.