You could say the same about many products, but marketing is often about not making the tiering obvious. Just try to make sense of the naming strategy of Samsung TVs, and you'll either eventually give up or go insane.
TVs and monitors have this naming strategy because of retail stores. You can't price compare between different stores if every one has their own exclusive model with a different set of RNG numbers in the name.
Same for appliances or most products that are bought through a middleman rather than directly from the manufacturer.
It makes humans go insane. On the other hand it’s perfect for AI research.
Is it as bad as PC monitor naming?
Very complex naming is a feature in the entire monitor industry.