Functional and object oriented designs make different types of extensions easy. Given a discriminated union in a functional setting, it's easy to define any number of functions which work on that type, but it's hard to add additional cases to the type, since that would require going back to add the additional case to each function which pattern matches on the type. On the other hand, given a base type (or interface) an OO setting, it's easy to add new subtypes, but adding new operations to the base type is hard, since it potentially requires modifying existing subtypes to add an implementation of the new operation to each one.
Depending on the type of extensibility that's most relevant to the task at hand, either the functional or the object oriented approach may make more sense, so it's nice to have both options available. One popular approach is to use a functional approach "in the small" and an OO approach "in the large" (e.g. it's mentioned in this podcast with Luke Hoban).