It's equivalent on the surface, but it's vastly more complicated to use and has many more failure modes due to different phone models, root vs non-root actions,

It's equivalent on the surface, but it's vastly more complicated to use and has many more failure modes due to different phone models, root vs non-root actions, and more. It's definitely a power user tool, whereas non-technical users can create shortcuts with Shortcuts much more easily. I experimented with the idea of going back to Android. Having to recreate all of my shortcuts in Tasker was one non-starter. (It not having a HomeKit equivalent was the other. Google Home is much more limited.) Shortcuts can also sync between Apple devices via iCloud (though Automations in Shortcuts don't; another thing that drives me mad about the app), and they more-or-less work regardless of where they're running.