I see several languages moving towards more and more WASM but on a technical level I don't see the benefit of WASM over something like Firecracker. Docker and other sandboxes have to deal with shared kernels and all the risks associated with that, but leveraging virtual machines instead solves that issue. There are already proof of concept implementations to replace Docker with VMs as a virtualisation layer, so I wonder if it wouldn't be better to invest time in getting those wrappers completely up and running rather than coming up with essentially "Java but we also emulate the OS".
Until WASM advocates start including benchmarks in their blogs, I'll keep watching this stuff from a distance.