Their monopoly of... Text editors... The thing every developer and their sibling implements at some point in their career.

No, they want to monopolize computing. And actually, yeah they do kind of have a monopoly on text editing, everyone who isn't a programmer uses Microsoft Word. Which they did by using EEE. You could import different formats into Word but good luck exporting it.

Let's not pretend a weekend hobby text editor is anywhere near the feature set of VSCode.

And yet every younger developer is encouraged and peer-pressured to use it.

And they bought github of course. MS has outsmarted (almost) everyone again.

Vendor lock-in is real, and powerful.