It is the standard, and is extremely flexible. It was probably the wrong framework for most use-cases, which are often just CRUD screens. But, we are in an AI world now, so probably Javascript in general and even Typescript is starting to become the wrong move. Programming languages and frameworks which offer a ton of guarantees is what you need, now. In my humble opinion.

"Probably the wrong framework for most use-cases" is not that much of a recommendation.

Both Scala, Ocaml and some variant of Ocaml like PureScript target Javascript and even have library that wraps React. Worth to explore with AI.