Are "simple and responsive" network protocols stack and file system, for example, also included in the FW? There is a reason why systems that used to work like that (game consoles) started to ship with general purpose OS to handle such things some time ago.
Modern runtimes try to do a lot of OS' job(s) - memory management like gc, threads management, etc, etc.
What if we stopped using OSes and their perf. penalties and run our software (with its runtimes like clr/jvm/wasmish) directly on the hardware
The alternative could be GPU like devices: A PCI-E card with sockets for the chip and some RAM running it's own firmware. Intel tried that with it's Xeon Phi line and they opted to run Linux (called uOS) on the accelerator board, so apparently that was never an issue.
you're not gonna see this ever again. it'd be reckless to do so with how unsafe it would be