> A person with dyslexia, for example, will perform worse on these tests irrespective of their learning speed, learned knowledge, intellectual curiosity, or creativity. This is a form of bias.

No, it's what they were designed to do - help identify people that may need specialized help because issues like learning disabilities.

> To further complicate things these measures typically only account for academic intelligence. Other forms of intelligence include social intelligence, spatial intelligence, creativity, conscientiousness, and so forth.

The two major IQ tests (Stanford Binet and Wechsler) test visual-spatial reasoning, abstract reasoning, verbal and nonverbal reasoning, working memory, processing speed, inductive/deductive reasoning, attention, concentration, etc.

These tests, if properly administered (individually in person by a professional) work well for figuring out who in school needs extra attention or requires further evaluation. Their use beyond that is questionable.