HDMI is still valuable for those of us who use KVMs. Cheap Display port KVMs don't have EDID emulation and expensive Display Port KVMs just don't work (in my experience).
Not cheap though. And also not 100% caveat-free.
I have a Level1Techs hdmi KVM and it's awesome, and I'd totally buy a display port one once it has built in EDID cloners, but even at their super premium price point, it's just not something they're willing to do yet.
1. https://www.store.level1techs.com/products/p/14-display-port...