So to summarize, performance overhead aside, the problem is React isn't opinionated enough. So those who manage projects need to serve as the regulatory body rather than the framework creators. So the tradeoff is you are responsible for the update cycle.
I've never seen that as much of an issue and like the control. I've found in most places regardless of framework you need to maintain a certain amount of your own modules to work around your specific setup. But I suppose if one wants to use React with this mindset they can use Next.js and defer the decision making to Vercel.
There are no shortage of people/companies with opinions willing to layout your tech stack for you.