The short answer is that it produces different flavors, or at the very least, a different balance of flavors. There are more components than simply bitterness and flavor/aroma.
What are the different flavors? We don't know for sure. Tyre Brulosophy exbeeriments are great, but really only a limited scientific approach. A true scientific study of this topic would require countless batches of beer with quantifiable measures of all of the various flavor and aroma compounds.
If you think mid-boil additions don't add anything different, then it is likely that you just aren't noticing the flavors, rather than the flavors not being there.
If you like the results you get from only FWH + whirlpool, great. If you like more complex mid-boil additions, great. Just don't say somebody else's way is wrong, because if you think something is pointless, you are probably just missing the point.
Almost never are things just done one way simply because that's how it's always been done. Usually, it's always been done that way for a good reason.