When there is a better way, why would you spend money and effort supporting the old outdated way?
It may not sound like a big deal, but I have an LG monitor that uses a remote for input switching and volume controls, and a BenQ monitor that uses buttons, and both provide a noticeably jankier experience.
The Studio Display provides a very clean user experience when paired with a Mac. You plug it in, it turns on, and all other functions (volume, brightness, colors, camera, etc) are controlled via MacOS. Personally I'm happy for Apple to optimize for that experience, at the cost of not working with non-Apple devices.
If it was possible to use adapters, this problem would be much reduced, but as it is, it's pretty much impossible to plug in a desktop or game console in to the Apple monitors. And at least for me, having a joystick on the back of the screen for input switching is less problematic than a monitor which only works on some of my devices.
If you want old connectors , why not put a scusi port on that thing!