This is true, but the way I look at it is that the buck converter drops the voltage across an inductor rather than a resistor. An inductor drops voltage without dissipating any power, whereas a resistor does dissipate power.The buck converter, on the other hand, only provides the desired power to the load by integrating over time making it far more efficient.
A voltage divider will only work if it's made very stiff. The rule-of-thumb for dividers is that divider current should be at least 10 times the load current. Do the math and see how much power will be wasted by trying to use such a simplistic approach.Why use Buck Converter instead of potentiometer?
In theory. If the load is sufficiently large, the regulator will stop regulating.If we use buck converter, we can get constant voltage regardless of RL, right?