I strongly agree with your view. I used to be a loyal user of Sublime Text, it performed exceptionally well and was incredibly fast, which I loved. However, perhaps I misspoke, what I meant to say is that due to the low development costs and rich ecosystem of web technologies, current applications are more inclined to use web technology stacks when developing GUIs. But (yes, there's always a "but"), the performance of web applications is still far behind that of native applications (although there has been significant improvement).
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