I get that perspective and I agree it has value, but for me, Rust is a jack of all trades but master of none, all while being one of the most complicated languages ever made and requires very long build times. So I agree it continues C++'s dream of being "one language for everything", but I think that dream is misguided, and that Rust suffers from most of the same problems as C++.
For low-level programs, I already said that Rust doesn't offer much safety for the things I reach low-level languages for (or, conversely, its safe subset doesn't offer the very control I'm after in such a language). Furthermore, the complexity and implicitness of the language make it harder for me to carefully understand the kind of subtle code I write in such programs. The long build times could mean I write fewer tests.
For high-level programs, Rust's safe subset is technically sufficient, but the problems are even worse (and exactly match C++'s): High level Rust code looks quite good and is easy to write, same as in C++, but the problems start with the maintenance and evolution. Small local changes - to a returned object's lifetime or thread-share ability, or between static and dynamic dispatch - require non-local changes. That's because low-level languages have low abstraction, i.e. the same contract covers fewer possible implementations. True, unlike C++, Rust tells you what things you need to change, but you still need to change them. That was the main problem we had with C++: the code looks great and it's very easy to write at first, but the maintenance and evolution costs - especially when the program is large and long-lived - get high and remain high forever. Furthermore, once a program grows large, it starts suffering from similar performance ovhearheads large C++ programs suffer from: you find yourself needing more dynamic dispatch, which is slow in Rust and C++; you find yourself needing more shared objects with different lifetimes, which are also slow in those languages, so the program isn't even particularly fast or scalable (sure it's faster than a JS or a Go program, but that doesn't say much). Java (or C#) which is aimed at optimising the performance of large programs, removes many of these overheads. Lastly, deep always-on observability/profiling isn't quite poor (it's better now with eBPF, but still a long ways away from what you get with Java or C#).
So yes, Rust and C++ are intended as "one language for everything", and Rust is probably somewhat better than C++, but your high level programs pay for the low level feature (i.e. suffer from the maintenance and performance costs of low-level languages), while your low-level programs pay for the high-level features (the complexity needed for implicitness and safety). So yes, you can do everything, but rarely as well as could be done, and while I see the value in getting expertise only in one language, 1. it's a language that requires a lot of expertise as its "multi-functionality" makes it very complicated, so much so that you could probably become an expert at two more specialised languages for not much more effort, and 2. I think that if you really need to write low-level code, e.g. you're writing a kernel or a hardware driver or a controller or a GC, then expertise in the domain dwarfs expertise in the language anyway (i.e. we're talking years of required experience until you're really good at it).
BUT I acknowledge that the weight I assign to these things is subjective, and I'm certain others reach the opposite conclusion through arguments that are no less reasonable than mine.