Earlier quoted context omitted.
Actually, if I could have Photoshop run in a browser, with its full feature set, and running at >90% of full native speed, that would be pretty awesome. And I'd even be willing to wait for the multi-GB download as long as it only happened once (with small deltas thereafter). Not saying we're there yet, but it's not hard to see where WASM could take us.
I can see where web assembly could take us, but I am confused about why people seem to want to go there.
Difference being that WASM is kind of blessed format.