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Comment from a deleted article or podcast

The problem is that compensation is normally tied to a title within your organisations. I agree with your sentiment however in reality its nice to have a ladder you can see / climb. It's especially helpful if your organisation has a pretty clear definition of what's expected in order to climb that ladder.

Also as mentioned in the forth link

it's great when your job ladder based on spheres of ownership and responsibility, rather than defined skill levels.

This means that your skills can be mapped to the core problems within the organisation that need to be solved by your skill set; as opposed to just being the generalist that gets assigned adhoc work but doesn't move up the hierarchy.