I see the MBA is a more capable Chromebook (as in, it's possible to do some light / infrequent photo editing and video editing, even if that's not its intended primary use case).
I don't see it that way. As far as I can tell, Chromebooks only display a maximum of 2 windows at a time, and I regularly use more than 2, and it's inefficient having to adjust my work flow to accommodate this OS limitation. For the same reason, I wouldn't switch from MBA to an iPad Pro.
Another area where an MBA is more capable is local storage. I have 1TB of it, and that's overkill, but point is I can access files in the absence of a working internet connection, and have it backed up to an external SSD, and it's all available more or less instantly.
Then there's also the convenience of macOS integration with iOS. It's handy being able to answer the phone from the computer when I can't find the phone. And being a web developer, it's very useful being able to use desktop Safari Web Inspector on an iPhone Safari browser tab.
This post will be TLDR if I keep writing about all the things I do regularly, but here's a list of apps I use daily:
VS Code, Slack, Discord, Edge, Chrome, Safari, Terminal, Upwork (that's a freelancing site time tracking app that's not available in ChromeOS). There are 3 browsers because a web developer has to support all 3, and probably Firefox as well. Some other apps I use frequently are Photoshop Elements, Preview, Pages, Cyberduck (FTP), iOS Simulator, and it's not uncommon that I have to use 3 apps simultaneously on a given task.