> VSCode has even less features than Emacs, OOTB.

No way that is true. In fact, it's the opposite, which is the exact reason I use VS Code.

Please take a look at the Emacs documentation sometimes.

VSCode is more popular, which makes it easy to find extensions. But you don’t see those in the Emacs world because the equivalent is a few lines of config.

So what you will see are more like meta-extensions. Something that either solve a whole class of problems, could be a full app, or provides a whole interaction model.