Sleep deprivation is one concern, but there’s a more subtle impact on cognitive functions (working memory, creativity, deep focus), overall health (particularly the endocrine and immune systems), and long-term health outcomes (such as an increased risk of dementia).
When I was younger, I was fascinated by various optimized sleep schedules. However, I noticed a stark contrast: many of my math friends consistently slept 9–10 hours a day. They needed that—not just to function in daily life but to achieve the deep focus required for their work. Living on less sleep might not affect immediate action (and in some cases, it might even seem to enhance focus on doing), but it can impair deeper, more complex thinking.
Some suggest that one of sleep's key roles is to help the brain regenerate. Chronic sleep deprivation, in turn, is linked to a higher risk of dementia. For anecdotal evidence: Churchill and Thatcher, known for boasting about sleeping only 4–5 hours a night, experienced significant cognitive decline later in life.