WASM has near instant startup, making a cold start for each request feasible. I think this could be a key property/advantage that makes it preferable and more economically efficient in the long run.
WASM I think has a stronger sandbox as well. Containers in a multi-tenant environment need to run inside a virtual machine. WASM can be run in multi-tenant without the need to isolate each tenant in a virtual machine, again making it more efficient in long run.
edit: also recalled a relevant tweet from creator of docker https://twitter.com/solomonstre/status/1111004913222324225