The current popularity of the async stuff has its roots in the classic "c10k" problem. (
https://en.wikipedia.org/wiki/C10k_problem)
A perception among some that threads are expensive, especially when "wasted" on blocking I/O. And that using them in that domain "won't scale."
Putting aside that not all of use are building web applications (heterodox here in HN, I know)...
Most people in the real world with real applications will not hit the limits of what is possible and efficient and totally fine with thread-based architectures.
Plus the kernel has gotten more efficient with threads over the years.
Plus hardware has gotten way better, and better at handling concurrent access.
Plus async involves other trade-offs -- running a state machine behind the scenes that's doing the kinds of context switching the kernel & hardware already potentially does for threads, but in user space. If you ever pull up a debugger and step through an async Rust/tokio codebase, you'll get a good sense for what the overhead here we're talking about is.
That overhead is fine if you're sitting there blocking on your database server, or some HTTP socket, or some filesystem.
It's ... probably... not what you want if you're building a game or an operating system or an embedded device of some kind.
An additional problem with async in Rust right now is that it involves bringing in an async runtime, and giving it control over execution of async functions... but various things like thread spawning, channels, async locks, etc. are not standardized, and are specific per runtime. Which in the real world is always tokio.
So some piece of code you bring in in a crate, uses async, now you're having to fire up a tokio runtime. Even though you were potentially not building something that has anything to do with the kinds of things that tokio is targeted for ("scalable" network services.)
So even if you find an async runtime that's optimized in some other domain, etc (like glommio or smol or whatever) -- you're unlikely to even be able to use it with whatever famous upstream crate you want, which will have explicit dependencies into tokio.