There's a modern native alternative: File implements Blob, so we can call Blob.text().
async function readText(event) {
const file = event.target.files.item(0)
const text = await file.text();
document.getElementById("output").innerText = text
}
_x000D_
<input type="file" onchange="readText(event)" />
<pre id="output"></pre>
_x000D_
Currently (September 2020) this is supported in Chrome and Firefox, for other Browser you need to load a polyfill, e.g. blob-polyfill.