Versus the simple thing you would author yourself: if you know the engineering tradeoffs made at the per-line level you have a decent grasp of the performance and flexibility, but you are implementing it and debugging it.
I will add that I think software complexity is only going to continue increasing over the long term; it reduces in some domains, but expands in others as we develop more advanced systems. Some kind of analogy to entropy.
On the other hand TS seems to be more and more popular, which requires a compilation step.
Think of all these complex systems developers and SysAdmins need to maintain at a company. Then think of how well each person knows each technology. Most of them will be "T" shaped, ie know one tech well but surface-level on all the others.
If I know several tools really well (or better than the company's sysadmins / devs) I can probably find some security issues with them.
In many domains git has replaced other version control systems.
I would love to see a new approach to version control. Things like subversion or mercurial have exposed too many drawbacks for them to win back industry.
Among startups, I'm sure git holds a near monopoly, but if you move into other parts of the industry, that monopoly loosens.