An incandescent Light is almost opposite to LED. It has a surge current vs LED starts slow then surges with overvoltage.
Tungsten filaments have an ESR 10x lower when cold or 10% of hot power rating thus draws up to 10x peak current as a resistive load. We call this a Pos. Temp coeff. or PTC. As temperature rises on the filament, resistance rises and current drops until steady state in fraction of a second. Self heating of the ambient has a longer time constant that slowly rises with the fixture time constant. this affects reliability of the tungsten greatly.
Every notice why some bulbs don't seem to last long??
A common fixture , a small globe will reduce a 1500 hr 60W light bulb to a few hundred hours as Arrhenius Theorem applies with 1/2 the Life time expected for every 10'C rise in rated ambient... The ambient around a light bulb can go from 20 deg C to 50'C in a small glass fixture. (bad, if the fixture is too hot, it will reduce life time!)
The LED on the other hand, has near infinite ESR below threshold except for leakage and then conducts current like a brick wall at the "Zener voltage" and is limited by the ESR of each part in series with the voltage source.
Although incandescent radiates about >80% of its power as invisible heat or IR, the LED emitter doesn't emit InfraRed (IR) from the light but emits Infrared from the conductor losses like crazy. ( So don't let anyone fool you that LED's don't emit IR. They have IR heat from Conduction losses, not from electro-optic emissions.)
The Amp_squared-Ohm power loss, P=I²R of the junction ( metallic semiconductor ESR property) This gets hot when the power dissipated [W] * THermal Resistance [°C/W]= Temperature Rise [°C] and that part radiates InfraRed like crazy if you apply to much voltage which results in excess current. If it's too hot to touch, it will reduce in life expectancy.
Also remember Epoxy is BOTH a Thermal and Electrical insulator. It the lens is hot. THe junction is much much hotter. Cooling is often conducted thru the negative side ( Cathode) which has a lower Thermal resistance than the Anode ( which is connected by a micron size gold wire bond ) The wirebond also can fuse open with excess current (I²t fuse rating)
This is why the best Power LED regulators use heat for feedback , not current, assuming know how to measure temperature
Anyone can measure case temperature with a thermistor, but you can measure true diode junction temperature using the threshold voltage and very low current measured quickly with ADC.)
Most people rely on Constant current (CC) sources or Resistive Ohm's Law drop current limiters from Constant Voltage (CV) sources.
You cannot neglect the Zener curve unless there is a resistor added to the LED to be used as fixed voltage indicator. If you expect AC, use two in parallel with reverse polarity.
I love it when people ask simple questions.