I'd say both of them missed the target by quite lot.
The original idea for the Pi was to be a modern BBC Micro. But the Pi turned out to be just a regular PC. A little cheaper, less powerful and ARM. But it doesn't really do much that you couldn't also do with a PC. It doesn't have the magic of turning it on and ending up on a BASIC prompt. It doesn't bring you closer to the hardware. It has all the complexities of a PC.
Meanwhile the Pico is just a regular old MCU. It doesn't have anything that you would associate with a home computer, no keyboard, no way to connect a display, no swappable storage, can't be it's own development platform, etc. It's not something you'd ever want to have as your first computer. You need a real computer to even get any use out of it.
A project like the CommanderX16[1] feels a lot closer to the original goal. As it's just a home computer build modern components.
[1] https://www.commanderx16.com/