Webdev is a shitshow so investors money could burn quicker. Huge potential for companies that can come in and transform the stack by throwing away the whole "modern" JS stack and use things like Turbo or LiveView
It's the NPM ecosystem above that's being stupid, and believe that adding more tools and more processing is a good thing.
That's ok, but don't go around spouting nonsense about about investors throwing their money away on js projects.