What kind of horseshit is this? With a 5" wikipedia search:
> In the Middle Ages, the asterisk was used to emphasize a particular part of text, often linking those parts of the text to a marginal comment.
That's practically identical to the use of asterisks on the web: pointing to a side note that says that these fields are mandatory.
Also, the examples used to demo the asterisk counter-proposals are cherry-picked to be super simple. The minute your form becomes more complicated than "email/password/phone", the counter-proposals become inferior to simply using an asterisk.
PS. Who the hell spells web as "WEB" in 2022? In fact when "WEB" was ever considered proper, outside of all-caps headings?