Earlier quoted context omitted.
PowerQuery isn’t a replacement for excel though - it’s a data preprocessing tool for analysts. It’s not going to replace functionality of core spreadsheet-based excel for accountants, for instance, who typically won’t have a use for PowerQuery as their data is structured differently.
I am not an accountant per se, but I work for an accounting organization. Could you give an example of what you mean by "structured differently"?
In a spreadsheet the data is much less structured which is where a lot of the power comes from - for instance PowerQuery doesn’t really support things like subtotals easily, or doing scratch-calculations, or building quick financial models. It is closer to a paper-ledger with calculations scribbled into the margins than a big-data database.
PowerQuery is more about ingesting lots of data and cleaning it, while finance is often about working stuff out and playing with numbers to see what happens - and playing with numbers is easier in a less-structured-loosely-typed environments.