While that's technically true, the drafting effect actually means that being a bit more than a body length behind the swimmer next to you is beneficial to you. That's another part of the philosophy why the fastest swimmers are assigned the center lanes, and the slowest the outermost lanes, to balance out the choppiness of being by the sides with creating a potential for drafting. Of course intentionally drafting is not a strategy that will win you the race, especially in short events, but in longer events it can be important to keep pace with the swimmer next to you while they need to expend more energy and you draft off of them either with the intention to eventually pass them or to stay ahead of the swimmers on your outside.