The analogue in photography is photographs lose color clarity and fade as they age. Why should I care if this is the case in images as display technology evolves when this is already a problem with every physical medium?
> For correct editing operations, and correct display. Sadly, it's not pedantry, it's reality.
I've been designing images and graphics for the web and sometimes for print off and on as a regular part of my various job functions since ~2009 and I have yet to see a situation where a color profile on an image isn't a huge pain and something that needs to be stripped away to get seemingly correct results.
Back to my point, I still don't see the value of having a color profile applied to an image. Images exist in the ether as platonic ideals, and we try to approximate them with our various display technologies. Why complicate the matter by also having multiple "flavors" of the platonic ideal itself? When I say (255, 0, 0), I expect the display to show me its best approximation of red. When I say (255, 255, 255), I expect the display to show me something as close to white as possible (and at the brightest possible setting). When I say (0, 0, 0), I expect the display to show me something that looks as close to black as possible. It's up to the display technology to decide whether this means just turn off that pixel on the screen or disengage the backlight or do whatever, but at the end of the day it's just trying to approximate black.
This is complicated enough, why do I need an image that will look good on only one kind of display and will have it's greens look pink on other displays. Isn't having a color profile for the display enough?