You're just feeling the "trough of disillusionment", after the initial hype of the technology wears off and reality sets in. If you pay attention and actually look at what it's being used for, it's clear that Wasm has been very successful and will be around for decades. Let's be honest - you don't know what you don't know, and making grandiose statements backed up by no experience or understanding is worse than useless. I suggest you learn about the thing, if you're interested in what's good about it.