tldr: I have very low trust in Microsoft and their products. I am in the market for a GUI code editor to recommend and use in lieu of VS Code. I've used Atom, KATE, Lapce, VS Code, and VS Codium.
At a minimum, I want something that is open source and easy to build. Zed was annoying to build on MacOS because of Xcode, but Zed was effortless to build on Linux! This makes me think Zed would be less likely to be able to do a successful rugpull. (Plus, Zed does not have the same market position as Microsoft).
Zed is familiar and good and it's easy to disable all the AI features with one toggle.
As a note: This is one of the things I really love about Rust. The only painful thing about the build was that it took awhile to bake. But I had no debugging steps or effort to do when building Zed (on Linux).