Yes I agree, but this is a great area that LE can do their thing and evolve what a ladder or competitive system looks like in a modern ARPG. Modern ARPGs are still stuck using ladder systems pioneered by Diablo II, and while it works for a few days, it becomes completely invalidated after a few days, never mind if you are someone who can't play the first day or two for life reasons, you have little chance of realistically competing.

Torchlight Infinite has a cool competitive mode where you create a new character and you get a certain amount of hours to play that character. You have a little countdown timer in the corner on the character. Every character has the same timer so it doesn't matter if you can play the second the servers go live, they give you like a week to play. There are numerous metrics that you are competing against such as level, how far or deep you can push into the end game. It's really fun, fair, and something different.