I also don't think it is an accident that React starting truly "in house" embracing Typescript until after Hooks. (React was always Flow typed, so far as I'm aware, but the switch in "guiding" type systems at least in terms of public stances is much more recent, and I believe post-Hooks.) Hooks deserve a lot of criticism. They are absolutely a compromise even to their creators. (The "Hook Rules" seem to be something that the creators had wished to embody in a type system rather than a linter but didn't have the tools in current Typescript and the linter approach is obviously a compromise.) But they are well-typed in Typescript in ways that HOCs never were. Their APIs are entirely explicit and well-defined.

Those APIs are "weird" to traditional OO developers and OO purists, but those APIs are designed for static typing and accountability to type systems (Typescript especially now).