Hooks are great for simple use cases like `useState`, `useContext`, some uses of `useRef`, etc. and can make the code easier to read and reason about (while conveniently working very well with TypeScript).
The rules do start to get really tricky though with complex use cases of `useEffect` and multiple levels of nested hooks, and implementation problems are often not easy to spot or debug.
Dan Abramov has written a lot about the philosophy of hooks[0] at his site overreacted[1], I'd love to see a 'retrospective' write-up from him or another React team member about what they think the success and failures of hooks have been so far and if there are any changes planned for the future!