Because it results in a tail call and you don't have to build a new stack frame.
Modern compilers optimise this for you, exactly as you said.
Back in the 80s compilers didn't do this. There really was a difference between the machine code emitted for a naive loop and a tail call loop.
A lot of advice to rewrite naive loops to do tail calls is based on that 1980s compiler behaviour, not on the optimising 2020s compiler behaviour.