Why?
We don't say a candidate is "higher" during elections.
We don't say Lebron James is not a basketball player.
We don't say a cook at a restaurant is higher. If you call them a chef, we don't have a title higher than chef.
We don't reward heart and brain surgeons with a higher title.
Why should we have a different title for chess?
That's not my point. Sure we can do without titles. But as a matter of fact FIDE has titles. I am pointing out that within the existing titles there is lacking one and that is not logical.
There are hundreds of GMs but there is no higher title for the few strongest GMs. Perhaps such a title should exist.