It used to be the case that resource limitations meant that shared libraries were meaningfully more efficient. I know that some software communities like to complain about modern software bloat but statically linking everything is so incredibly valuable across so many different dimensions that it is absolutely worth the cost. Heck, modern link-time optimization probably means that applications run faster despite the code-size bloat.

Shared libraries not only require this absolutely crippling adherence to the ABI they also are a security mess since you need updates from both your software provider and your operating system vendor to ensure that anything is safe.