But it isn't a need for most use cases, unless you want to do mobile development and meet app store policies. But even then, mature F# frameworks like Fable transpile your F# code to React & Cie.
Maybe I’m being pedantic, but this is an oxymoron. Also the premise is incorrect. It’s not like the VM is gone. Merely baked into the code at compile time. It compiles IL to native code. Same for IL2CPP. The VM is still there.
The term “virtual machine” is confusing. I think you meant to say JIT compiler :-)
VMs have a long history in cross-compilation, even for "low-level" languages like C/C++. The AOT versus JIT distinction is blurry, and the "VM language" versus "non-VM language" boundary is blurrier still, especially when you take into account "standard runtimes" such as glibc and vcrt and whether or not those are statically linked.
Is a C program with a compiled with Clang through the LLVM dynamically linking a glibc and statically linking a Boehm GC library "running in a VM"? There's no wrong answer, it's a lot shades of gray. I believe almost every pedantic way to answer that has an equally pedantic counter-argument.
I do feel like there is a gap for a modern compiled, functional and garbage collected language.
Go isn't it because it lacks the functional constructs.
C# and Java aren't it because they depend on a VM.
Rust isn't it because of its difficult memory management.
Swift isn't it because it is so tied to Apple and their platforms.