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Very interesting question indeed, one that is often debated among programmers.
It ultimately comes down to what suits your personal style and requirements.
Mostly, both have strengths and weaknesses, so it's hard to universally recommend one over the other.
I used to be on the vim side of things. But recently have switched to helix. It is a modal editor similar (but a bit different from vim) but with most of the things you need plugins for built in, so no need to spend hours finding plugins and configuring things.
But whichever you like is really a personal preference. I have seen far more people use vim in the wild than Emacs. And you can configure Emacs with vi input mode.
If you work with servers knowing basic vi is a must as it is often the only editor installed on the system.