I look at SOAP failures from a different perspective of ground truths rather than the ecosystem's potential.

In my experiences with SOAP and WSDLs, the code-generated java2wsdl and such wrappers were a way for many vendors to claim "we have an API to support your SOA!" when all they were doing was dynamically generating a WSDL file from a database schema (a lot of service desk and CMDB software like BMC Remedy and Atrium, HP Service Desk, etc. do this) and for a lot of enterprise applications that were basically made to sell a cash cow stack like an ITIL stack with CMDB. So your WSDLs constantly changed because every time someone changed a table's schema you'd need to generate and distribute the WSDL to everyone - this is a guaranteed workflow in an enterprise software situation with dozens of partners comparable to what happens when you get a call from your doctor that you have an STD. This pattern should also sound really familiar to the folks from the mid-90s - it's exactly the hell that began with CORBA objects and other systems that inevitably required everyone to recompile and redeploy their services whenever there was any schema change whatsoever, and unless you had a super-duper effective object AND service registry with accompanying object repositories all provided by some expensive vendor, your class definitions would routinely get desynced and you'd be forced to update your WARs and EARs if you didn't have more expensive hot-loading JVM plus correctly working lifecycle management that wouldn't leak memory (almost none did because of how difficult it was to write decent classloaders that would correctly use ephemeral and weak references for high-concurrency DBs). Thank goodness we had other options with message passing architectures in enterprise (Protocol Buffers, Thrift, etc. all got around the tyranny of class serialization that the distributed object enterprise architect Mafia wanted) but messaging has its own problems from a deployment perspective that made SOAP-based endpoints more attractive then.

This kind of centralized, byzantine, top-down design was the Holy Grail of enterprise application architecture that has ultimately failed in basically every single implementation I've seen or heard of except for the most trivial implementation cases or that required extremely authoritarian, didactic approaches resembling the Crusades or Gallic Wars rather than (now more common) collectivist collaboration toward software development. Either way, innovation slowed to a crawl as internal compliance and standardization become the only output of the software organization or nobody wanted to even try to evolve the system much over time. Open Source is not immune to this kind of bikeshedding culture.

The easier decoupling of services and ability for services to move at their own pace while freeing themselves from the data schema ERD-UML-death-squad-by-committee is what moving from the SOAP ecosystem bought us. The Enterprise Software Apocalypse's Four Horsemen surely included at least the names UDDI, ESB, and SOAP. While I sometimes miss a WSDL to make getting started with an API easier there is no way I miss the typical SOAP service that typically wrapped legacy command line applications older than myself and misrepresented them as something actually scalable or added 25 layers of class hierarchy to express a custom integer or string type for no apparent reason besides a Antediluvian form of input validation that combines the pedantry of Haskell typing with none of the power and elegance. These are not features that deliver business value to anyone besides enterprise software vendors and independent consultants seeking to overcomplicate every software system beyond the comprehension of its own engineers.

TL;DR - I'm afraid that we're starting to regress back to what the J2EE ecosystem tried and failed to do even within monolithic companies because many people never had to design and (more importantly) operate and maintain these centralized, specification-first APIs that have historically hurt innovation and collaboration, not helped.