I think a better analogy would be something backend. Front ends may have gotten slow but that has been exacerbated by intel sitting on 4 core consumer chips for a decade now. However, AMD finally came along and shook that up with threadripper and now you can get 8 times the number of cores from AMD, or 50% more from intel. I think we still have quite a ways to go on the consumer side.
I feel like I could do essentially all computing that I do now, except surfing the Internet at broadband speeds, on a machine with 64MB RAM and a Pentium II. IO has gotten a lot faster and hard disks are a lot bigger, but the things I do still work at about the same speed most of the time.
