I would add that a large part of the push away from it came from not having dedicated design and development teams. Is, I think, why industries such as gaming have stuck to a lot of these workflows. You have art designers creating the assets and hand them off to an integration team that will get them into the game. Tooling is specifically made to integrate the art and the program.
In the web, we seem to have tried to converge all of that tooling into the symbolic text. Works great when it can work. But it greatly limits what you can graphically do. And is largely why we don't design things graphically anymore.
These all go direct to code instead of XML or some other extra layer of code.
What I would probably focus on is better integration with Figma and similar tools. Use that to do the WYSIWYG part and then generate corresponding code (possibly with LLMs).
The biggest limitation you tend to have in WYSWIG is that at some point you really need to have the true data the user sees to ensure everything looks good. That becomes a bigger hassle than coding the UI manually. (Particularly when doing multi-platform things.)