This all depends on how long you want the cable to last and if the conductors will get wet. For many industrial installations I agree with you. The installations are often not in service long enough to cause the cable to fail.
I'm in the petrochemical business where we design for 50 years of service. In normal non-VFD service with proper surge arrestors, snubbers on MV vacuum breakers, etc. cables are still one of the lowest reliability components in the plant. VFD service longer than 200 ft (meaning 2x reflected wave exists) causes cables to fail sooner than they would in normal 480V service, so it's natural that we focus on it from a reliability perspective. There was a paper published at the 1999 PCIC conference that lists predicted life for different conductor insulation types and lengths that is a good reference on this topic.
I understand that my design basis does not apply to most people, but there is a petrochemical contingent on the forum that should not be lulled into standard cable for VFD service given the cost of downtime, years of service expected, and typical long cable lengths. Some of the typical petrochemical cables are fine for VFD service and should last 40+ years, but other common cable constructions will likely last 10-20 years.