It's not that I disagree, but you might be making the wrong comparison. I can put a paper-slicing edge on a RUINED knife in less than 2 minutes on a (moderately-coarse) diamond stone and take it to shaving-sharp in no more than twice that.
I'm talking about those kitchen knives you see at someone else's house, where they bought them 20 years ago and still think they're sharp simply because they can chop carrots - that's blade geometry doing the work, not the edge.
The key to fast sharpening is that your knife should already be sharp before you move up in grit progression - and often times the finer grits are more for fun, not necessity.
I.e. you apex with a coarse grit (which doesn't take long) and remove the burr with alternating light passes. Then, ideally, follow up with a quick strop to knock off what remains (as you can tell, I'm an Outdoors55 disciple

). That way you're left with a sharp edge that's durable, instead of relying on the burr to cut.
If you want to push-cut a loose roll of receipt paper... that's when you have to work through a grit progression, removing the deep scratches, to get a polished finish.
When you talk about doing something "quicker" with a honing steel, it sounds like you're removing enough steel that it acts like the diamond stone I'm describing - which seems possible, if the honing rod is harder than your knife and you move fast. You did say it's acting like a file.
Even if that works, I don't see how it's faster. What I'm describing with a diamond stone is a 2 minute job. It might not be any slower though, if your rod is that aggressive - but that's got to take just as much skill as using a stone.
If you're somehow using a hone to both apex and refine the edge to rival what I do with stone-progression - that sounds like magic.