National Instruments devices are totally overpriced. LabView is a terrible "language" that easily replaced by Python nowadays.
The main problem with LabView is that NI always treated it as a hammer for every possible nail. Years ago we bought NI ELVIS boards, because they were much cheaper than buying HP and Tektronix equipment for our teaching labs.
But the students and instructors hated using the ELVIS boards. You had to load and maintain LabView on a computer just to emulate a voltmeter in software. It was absolute overkill, and a software maintenance nightmare to boot. But it was cheaper than professional HP and Tektronix hardware, and so we stuck with it.
What ultimately killed National Instruments in the educational space was the advent of inexpensive Chinese test equipment that was perfectly suitable for a student lab. The ELVIS board was much cheaper than an oscilloscope, power supply, signal generator, and multimeter from HP, but in turn the Chinese equipment was far cheaper than the ELVIS. NI made a vain attempt to fight back with an "all-in-one" multi-instrument, but (again) it ran LabView under the hood, and was an absolute pig in terms of performance, while being twice as expensive as what we already had.
I'm sure that LabView will be around for a very long time. I know one guy who I went to school with who has made his entire career as a LabView consultant, so there's money to be made at it. But as an instructor, there has never been a piece of software that I was so happy to abandon as LabView.