However, chrome.exe itself does because it's a native application, as is the sandboxed JavaScript interpreter inside of chrome.exe.
(This is a very oversimplified explanation but I think this is the disconnect people are having)
this is besides the point, but javascript has the file system api.
anyways to your broad point, i dont think this is convincing. What's the difference between not having an api vs having an api that is disabled (e.g. the syscall exists but is filtered). Either way you are not taking the action. RCE in the sandbox is an important step in the bigger exploit chain, but not because you can express things in the traditional syscalls inside the sandbox.
But the process is still more capable than the VM. The process can talk to other processes via IPC, for example.
That's why you don't go from "javascript -> computer is taken over", instead you go from "javascript -> renderer control -> computer is taken over".
can't get a proper ios/Android RCE with just JS code exec