One way to think about it would be to say that Emacs isn't a text editor, it's a framework for creating the kind of environment you need for the domain you're in. Thats one of the reasons that you see so many different things being implemented in it, and why you see some people perhaps take the idea too far (like writing an entire init system in it). I write a lot of Clojure, and lisp dialects are all generally the same, so there isn't much of a logical leap for me to switch between them. It's definitely not for everyone though. If i'm working with junior developers, or even just somebody coming from an enterprise background, I'll use IntelliJ or VSCode so they feel comfortable.
The Lisp Curse is certainly real, but when you reach a level where you're more prolific without a team, I can't think of any other language that lets you be as productive.