Stuff like this. [1]
[1] https://www.digikey.com/en/products/detail/cui-inc/VXO7805-5...
You are absolutely right that there is a role for LDOs in modern devices.
There's no reason for most hobbyists to be using super hot, super inefficient and super constrained high-dropout linear regulators from 1972 when there's a pin-compatible all-in-one switching module for roughly the same price. To pull more than a couple hundred mA at the lowest voltage differential you need a heatsink!
Why mess around with a 7805 when you already have a dozen 5V power supplies lying around the house?
Would not surprise me if there are roots going back to telegraph.
https://www.tutorialspoint.com/what-is-voltage-regulator-780...
It's a great old school design, but there are somewhat newer capless designs that are about 2 drops like the LM2940.
There are a lot of other designs between a 0.2V current feedback pFET design, but not all of them have been so popular that their costs are close to packaging.