This is a fascinating discussion. However, I'm afraid I have to disagree with no VMs stance. Having worked on some pretty large apps built on SwiftUI - we hardly ever deal with a simple model-to-view mapping.
The view often comprises data collated from multiple sources (authentication, current contextual activity, A/B testing, remote configurations, user preferences, etc.) There is no one source of truth - there are many.
Secondly, whenever the user performs an action, the app can do many different things in response: E.g. post analytics, save data locally, do network requests, and perform side calculations. Yes, some of that can be abstracted to stores or service classes, but there is no one good place to orchestrate this flow.
This is where VMs excel. When done properly they are unit testable, predictable and reusable.
However, as always, use the right tool & abstraction for the job. If, for example, the view is a simple 1-to-1 mapping to its model, having a VM is probably overkill.