PS/2 interfaces are actually still quite common for "enthusiast" motherboards, because of the low latency (the simplicity compared to USB certainly has a lot to do with it.) Laptops also tend to have PS/2 keyboards and a "mouse" (the trackpad, which can be switched to a proprietary protocol later for more features) because the EC they use provides that "for free" and that industry tends to have a "it works, why change it and break things" attitude.[1]
https://news.ycombinator.com/item?id=17692499
That said, BIOSes can also emulate PS/2 with USB (no doubt via SMM). This is usually a setting called "legacy keyboard/mouse support".
[1] The notable exception being Apple. Think Different. https://news.ycombinator.com/item?id=12924051