Also, to be fair, a big part of the slowness is also the tooling, Spring Boot, Hibernate etc. You can mitigate that by using micronaut or exposed/krush, but we only have a microservice running on that. The main business logic is the classic java web stack. Tests, running the app, building takes forever.
edit: IIRC the official Java runtime auto-update happily upgraded to not-even-free-as-in-beer pretty nonchalantly.
[0]: https://www.mend.io/resources/blog/top-9-gpl-with-the-classp...
W/ Graal as well, the AOT compilation comes 90% of JIT performance.
I really think the JVM is an exciting eco-system that has a very bright future if it keeps going the way it is. Brian Goetz' "Paving the on-ramp" discusses how to reduce the boilerplate even further. So these things are definitely a priority for the Java/JVM team[0].
[0]: https://openjdk.org/projects/amber/design-notes/on-ramp
I don't have any empirical evidence, just experience. As such I'm very biased against it.