This is mainly a philosophical question, and it may affect not that much people.
BUT: If you organized your work around sorting by updated date, it could be very annoying, that changing meta data touches the timestamp.
Example: By the end of the year, I move all notes from the inbox notebook to an notebook Archive_<year>. Since Evernote 10.x, this touches all update date, which makes it no longer possible to see, when I really worked on a note last time.
Example: I forgot to tag a note from a journey in 2018. Adding the appropriate tag today, moves the note out of its time context to the top of the list.
Workaround for me is using Evernote Legacy on Windows, but this will end in future, I guess.
Using Evernote since 2011, 13,000 notes, 40 notebooks