With things like Figma changing the nature of design tools (in the browser) why don't you see a video editor in the browser taking off?
I could see this being useful for youtubers without access to decent hardware.
I think people also underestimate the collaborative nature/ease of use that comes with creating video, editing it, commenting w/ colleagues, and sharing it seamlessly via a url or uploading to your intended social network. I don't think people will be making full-fledged movies anytime soon, but there's likely a lot of use cases beyond the hardcore power user that absolutely needs a native tool.