I use VS Code because it's a great editor... but it eats a few hundred MiB of RAM and it doesn't start instantly... On a machine with 32 GiB or RAM, 8 CPU cores and a fast NVMe drive. The main window is a glorified notepad. How will it fare on, say, an SBC?
Electron might have certain advantages compared to alternatives, but this is more of a result of decades of a crappy attitude towards software development. We should not be content with something like this.