Would a file converter not solve this issue? Or do the new formats embed extra kinds of data (extra channels, etc) that are just impossible to represent in the old formats?
And professional photographers tend to be largely nontechnical people who aren't keen on tinkering with some conversion workflow, possibly including ImageMagick or other Linux-native tools of questionable compatibility with the file formats (and again, on decade-old macOS) going just so they can do their work.
Problem is that the latest macs are just so fast that it makes it hard to switch back.