The Electoral College is fundamentally undemocratic—it allows candidates to lose the popular vote and still become president, which has happened twice in the last 20 years. Every American's vote should count equally regardless of where they live, but currently a voter in Wyoming has roughly 3 times the electoral power per capita as a voter in California. This system encourages candidates to ignore most of the country and focus only on a handful of swing states.
The Electoral College forces candidates to build geographically diverse coalitions and ensures that rural America and smaller states aren't completely drowned out by high-population urban centers. Without it, presidential campaigns would only compete for votes in major metropolitan areas, leaving the rest of the country irrelevant. The Founders designed it specifically to balance power between large and small states, and changing it now would break the federalist structure that's held the country together.