This ensures that
a) I do not cut anyone off accidentally, and minimize the amount of stress in my immediate part of the universe
b) I will (most likely) have plenty of room behind me after I change lanes, reducing chances of anyone else running up on me
c) If there's noticeable traffic, the time I spend signaling and waiting for the person to move slightly ahead of me gives plenty of warning to the people _behind_ them that I'm about to enter the lane.
Ultimately, yes, of course in principle you're right, when I change lanes, I enter the lane in front of someone.... but I _can_ control whether I enter as far as possible ahead of them.