I would think part of the reason is the fineness of the grain of these steels and the edge stability due to toughness. Steels like these seem to keep a razor edge for longer and then suddenly are dull as a butter knife.
Higher carbide steels lose that razor edge, but keep a working edge for a lot longer
That's an interesting point I can't really say I've heard before. I could see that being rather problematic for an average user who can't sharpen. I guess when I consider my own usage I resharpen or strop my knives pretty much as soon as they lose their paper cutting sharpness. I've never used a knife after that point because I kind of already consider anything past that to be blunt so I have no experience with a steel like 440C after it's lost its shaving edge.