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I think we're stretching the definition of "fad" a lot here. Editor being one of the most popular for 10 years (not yet there, but will be for sure) can't be considered "fad".

>Similar to those who were all-in on Eclipse, Atom, Sublime?

But all these (except sublime) including vscode are basically the same type of IDE. Yes, implementations change, but their share of the "market" remains about the same.

Eclipse and vscode are the same type of IDE? What?

The two URLs I provided don't convince you that this isn't a fad? Of all the SWEs I know, every single one who previously used Eclipse, Atom, or Sublime is now using VSCode. Some of my Emacs & Vim friends have switched, too. I can't imagine what would change this trend in the next 5-10 years. Perhaps a new editor with an integrated LLM coding assistant that's FAR ahead of all competitors? Except VSCode is currently leading there, too.