RCS: google and apple can spy on your messages and control it
SMS/MMS: everyone, google, apple, the government, your cell provider, their mother, and their 5th cousin twice removed can intercept and view your messages in plaintext and they are stored in plaintext forever at ISPs for anyone that wants them. I remember as a teen when my mother would get emails with documents containing every text that me or my sister had ever sent, from the SMS provider.
Not to mention all the technical limitations. Nobody at all should be using SMS in 2026.
Any encrypted message service (signal, delta chat, simplex, matrix, XMPP, etc...) Is a huge improvement to SMS in every way.