Well, they have to obey Wirth's law, I guess.
Btw Kotlin allow to make immutable Java records too so clear winner.
“Problem” is with records, that they are only shallowly immutable. record Rect(List<Point> corners) will readily hand out a “pointer” to a mutable list. It can be solved of course by storing only immutable objects.
What parent may have failed to get from grandparent comment is that the latter likely meant it under the hood, transparently to the user. That is, new Point(3,2) != new Point(3,2) but the JVM can make the object reference the same data, because the field itself is final. Thus a copy can be optimized at the JVM level, while still having identity.
Ultimate low-level optimization in Java would be more like packing your structure into arrays of integers - which is something people actually do in Java. Just because you’re using Java doesn’t mean you don’t want your code to run as fast as possible.
Eventually with some more evolution. But not yet.
But GC-wise the JVM is far ahead the game, whatever you see is likely better than the same functionality would be under JS, Python, C#, Go, etc (though the latter two do have value types/structs already so they can at some place manually do the “escape-analysis”. But not every problem requires/can use value types either)
I don't know much about Python and JS, but I do know that they're not using immutable model, everything is mutable in Python and in JS, so I'm not sure what's your point. The only immutable language I'm aware of is Haskell which is not used widely. Just because JVM is faster than Python or V8 does not mean that it's OK to slow it down with immutables.
The major downside is that could ruin cache locality and make passing the instance across a FFI boundary require a copy.
Another optimization would be that the JIT (or even perhaps javac) could notice cases where you make a copy (with one field changed) of a record and then never use the original reference again. If the JIT (or javac) can prove that no other bit of code holds a reference to the original record, it can reuse and mutate the original one instead of making a copy. I don't know if this optimization is or will be implemented, of course.
Either way, I expect the overhead you mention ends up being worth the benefits of immutable data. (That's been my experience using Scala, anyway.)