It's not supposed to replace GIFs for the things they're actually good at, like your examples. It's supposed to replace the abuse of GIFs for things they're not good at, like long, high frame rate, and/or high color depth videos.
The majority of the GIFs being produced today are not things the GIF format was designed to handle.
The majority of the GIFs being produced today are not things the GIF format was designed to handle.