Earlier quoted context omitted.
It should never have been web assembly. WASM is the fulfillment of the dream that started with Java VM in the 90’s but never got realized. A performant, truly universal virtual machine for write-once, run anywhere deployment. The web part is a distraction IMHO.
Why did Java fail though, and why would wasm succeed when the underlying philosophy is the same?
It's not just applets; we also had Flash, which was a huge success until it was suddenly killed.
As far as I can tell, the difference between java applets and Flash is that you, the user, have to install java onto your system to use applets, whereas to use Flash you have to install Flash into your browser. I guess that might explain why one became more popular than the other.