Magic Wand Icon
What is the origin and meaning behind the magic wand icon? I've seen it in a bunch of programs and they all seem to have different functions.
In Photoshop it is used a:
"tool that selects similarly colored areas"
In Prism 6 it is used as:
“Magic”, which stands for Make Graphs Consistent.
So is it just a tool icon that's used for a number of different purposes which are just too specific to have a more related icon?