It's a good tool to make a sound that sound very artificial, sharp, perfect, into something more soft and perhaps interesting to some.
It’s like emulating old video games. On a perfect display it doesn’t look very pleasing but if you add CRT and NTSC analog artefacts, it may have some charms.
Vinyl has outsold CDs for many consecutive years in the recent past. A strong retro-trend is booming right now with (mostly young) people rebelling against things that are aesthetically too sharp or crisp. The imperfections you decry, are seen as "authentic".
A few people are paying more for their wedding to be recorded on an old SD Camcorder rather than 8k. I suspect it's part of a whiplash against (tech) companies "ruining everything" and a yearning for a simpler time by people too young to have experienced it