Earlier quoted context omitted.
No need to recompile means you can run the same, guaranteed known, signed, etc code everywhere. Purpose-built sandboxing means you can run untrusted code more safely — e.g. at the network edge, like a Cloudflare worker, a lambda, etc. Same for third-party plugins in apps, etc. An open standard and open implementations gives you some assurance against lock-in, licensing changes, patent suits, etc.
All of it already exists with the JVM.
I say this as a Kotlin/Java developer. I know and love the jvm but it's just not a lightweight option suitable for edge computing or serverless computing (it works but the jvm startup overhead + binary size is annoying).