XML is really great for text documents with embeds and markup, either semantic (this part of the paper is an abstract) or visual (this part of the document should be 14-point and aligned right). You can do this in JSON, but it's a pain.
JSON is great for representing data. If you have some data structures and two machines trying to exchange them, JSON is great for that.
TOML / yaml / hcl / JSON with comments are great at config. If you have a human writing something that a machine is supposed to understand, you don't want turning completeness and you don't want to deal with the pain of having your own DSL, those are great.
I suppose the proof is in the parsing
Really, I think you can trace a lot of the "XML is spooky old technology" mindset to the release of HTML 5. That was when XML stopped being directly relevant to the web, though of course it still lives on in many other domains and legacy web apps.
Exactly the opposite; WHATWG “Living Standard” HTML (different releases of which were used as the basis for W3C HTML5, 5.1, and 5.2 before the W3C stopped doing that) includes an XML serialization as part of the spec, so now the HTML-in-XML is permanently in sync with and feature-matched with plain HTML.
XHTML was an attempt to encode HTML semantics (approximately, each version of XHTML also altered some semantics from HTML and previous XHTML versions) in XML, and the XML serialization of modern, WHATWG HTML exactly encodes HTML semantics in XML.
