But absolutely there are a lot of of less demanding web applications out there that don’t need this. And in the case of Figma, it’s the core of the application that uses WASM, with the more webby UI bits outside of it for all the devex reasons you’d expect.
In truth it’s a medium deal in the sense that it enables use cases that simply aren’t feasible without it, but is arguably irrelevant for most “conventional” web dev problems.
In that vein I’d argue it is more relevant for use cases that currently aren’t on the web at all versus as an improvement for those that are.