Why use a simple circuit that is definitely going to work when you can implement a complex software based solution to do the same thing?
Honestly there are times a status LED is really useful for quick troubleshooting, I don't want to find some weird menu on a PC of have to get a shell on a server to see whether network came up on a device, if that device even is a PC, it could be an IOT device that the literal only way to even control it is through the very network you are connecting and also receives it's power over said network cable.
Sometimes utilitarian is exactly what you need, I don't need a fancy screen on my washing machine or dishwasher, it's a utility item I need to know it's doing what I told it and that is that.
People are quick to complain that their new fangled fridges and washing machines and light switches and dishwashers don't last longer than the warranty yet they are exactly like you and don't see how something simple and reliable is significantly more cost effective than a fancy one that has Bluetooth radios and screens and software that goes out of date.