I don't agree with your pause time estimates. Most collectors are fast with small amounts of garbage in a small application. It's high allocation rates where GC time becomes a problem, and I don't see anything about Go or V8 designs to prevent very bad worst-case pause times.
Uh, most of the rant about Go GC below is out of date, they made some huge improvements from 2016-now. I'm leaving it up because someone replied to it
Unless something has changed in the last year or two, Go's GC is similar to Java's old CMS collector which is being deprecated.
Go's GC is non generational and non compacting, both hallmarks of modern GC algorithms. It's not a modern "moving" collector. It also has several stop the world phases. It's basically a design from the 70's. The GC uses old simple algorithms because the team was under a time crunch when it was developed. This may have changed, but that's how it was in 2018-2019 timeframe.
The pause times are short because GC runs very frequently. It has to because performance with large amounts of garbage is quite bad. This results in significant GC CPU overhead.
I don't know much about V8 collector besides that it is generational and compacting, so more modern than Go. But it's still a "stop the world" design. In that regard it's still closest to Javas old CMS collector.
Javas new collectors, ZGC and Shenandoah, both have near constant time stop the world phases. You can collect terabytes of garbage with only a few milliseconds pause. In V8 or Go, this would be many seconds pause time as the mark phase is "stop the world" in both.
You can find benchmarks that show one way or the other, but in badly behaving or allocation heavy applications, Java's new collectors or older G1 will perform far better. V8 and Go are dishonest about their GC performance by showing average pause times with high collection frequency. The important GC cycles are the long ones, so you really want to measure worse case pause time under load.
Under heavy load Go's design falls over. It's not compacting, not generational, and the mark phase pauses the application. IMO, it's just not a good GC. V8 is better, it is generational and compacting, but mark phase is still STW. Java's ZGC isn't generational but importantly, the mark and sweep phases don't stop execution. No matter how big your heap is and how much garbage, your GC pauses will be short