I'm kinda surprised by the excitement it gets. I'm still looking for a compelling explanation, why I (or anyone else) should even bother? I am a git hater myself. I mean, git just sucks. It always did, and it always was much worse than Mercurial. When they could have be seen as competition, I was forcing Mercurial as much, as I could, but then GitHub became a thing, and after a very short struggle it became just hope…
Many companies/organizations won't hit the size/scale where this matters but there are certainly plenty of companies who have large repositories and contributors that would benefit from something like Sapling over Git/Mercurial. These tools start to become slow. Many addons have been created to ease the problem (LFS or Microsoft's VFSforGit, narrow/shallow checkouts, etc.) but they also add complications (LFS especially in my experience). Monorepos have their advantages [1], and even with disadvantages they exist and won't go away. It's more appealing to migrate a monorepo to a new tool that adds more benefits specific to monorepos than to break apart a monorepo into separate repos.
The architecture that's being moved into seems to be less decentralized which is what Git/Mercurial were initially pioneering. I believe Google has essentially also built their own server-side SCM [2] and made Git/Mercurial clients (or wrappers for a client). I believe Microsoft did something similar forking Git and/or making their own server-side SCM but I don't recall where I came across that.
[0] https://engineering.fb.com/2014/01/07/core-data/scaling-merc...
[1] https://trunkbaseddevelopment.com/monorepos/
[2] https://www.quora.com/Why-do-Google-employees-use-Piper-inst...