Short scale basses have an inherently different tonal balance to standard scale basses. You can substitute the one for the other, but they will sound different. Whether or not that matters to you is a personal choice.
My short scale bass is a Warwick Custom Shop Corvette Proline, a far cry from a Squier anything. My standard scale bass is an Ernie Ball Music Man StingRay. I would never think these two instruments do the same job.
In all fairness, I also see that the short-scale is fretless. Those two are very different basses apart from being long vs short-scale. My mustang has the same pickups my precision had, and it could definitely be used for anything the precision was used for.