The web is the most dynamic, most exciting space in software development right now and is likely to be so for the foreseeable future. It touches everyone, in every industry. Web interfaces and technologies are the most used languages on the planet, giving your work huge impact.
Have there been changes in this newest area of computing? Of course! Typescript isn't "controlled" by MS. It's just the future version of JS, available today. It's tremendously exciting for anyone who works with big JS codebases. Electron and other ways of building desktop apps out of the same tools is also a huge leap forward and let's web devs make stuff that's as beautiful and exciting as traditional desktop apps, all of which are incompatible with each other and have huge proprietary libraries.
Bare metal web components and Lit are able to replace outdated frameworks like Angular and React and this is a huge improvement, too. Finally, web sockets gives us an open two-way pipeline to communicate with multiple servers or clients without http.
Taken together, these elements represent an exciting time in web development when we can deliver apps that are beautiful, well written, and easy to maintain. The time for web dev has never been better! But it might not be a good match for you if you prefer working on other kinds of code.