I do think something changed with cheap, ubiquitous CG, including how capable modern action heroes are, which is perfectly capable, because nothing's actually happening and there are no limits. Film used to be larger than life, obviously, but now even movies with a "realistic" setting are full-on fantasy.
Compare the action in Bullitt to something like a later entry in the Fast and the Furious franchise, for example. Imagine an already fairly intense and over-the-top scene like Ripley fighting the alien queen in the loader-mech—there'd just be so much more in a modern movie. They'd smash between rooms, swing from the ceiling, shit would be exploding everywhere but Our Hero would always not quite get hurt by it. Indiana Jones 1-3? Way too tame, needs more stuff flying all over the screen and expert-level acrobatic stunts by the hero.
I haven't watched the Independence Day sequel, but I bet a higher percentage of its runtime was special-effects-heavy action, because that's so cheap now. You can even fill in more of that to cut down on your shooting schedule (less time that the actors are on screen).
Action in high-budget modern films is more perfect and precise—the hero must always be narrowly avoiding something—and the heroes tend to be even less relatable than before, and the balance of talking to action has shifted toward action. That may not be worse, but it is different, and noticing that difference or preferring one over the other need not be pure nostalgia.
Compare the action in Bullitt to something like a later entry in the Fast and the Furious franchise, for example. Imagine an already fairly intense and over-the-top scene like Ripley fighting the alien queen in the loader-mech—there'd just be so much more in a modern movie. They'd smash between rooms, swing from the ceiling, shit would be exploding everywhere but Our Hero would always not quite get hurt by it. Indiana Jones 1-3? Way too tame, needs more stuff flying all over the screen and expert-level acrobatic stunts by the hero.
I haven't watched the Independence Day sequel, but I bet a higher percentage of its runtime was special-effects-heavy action, because that's so cheap now. You can even fill in more of that to cut down on your shooting schedule (less time that the actors are on screen).
Action in high-budget modern films is more perfect and precise—the hero must always be narrowly avoiding something—and the heroes tend to be even less relatable than before, and the balance of talking to action has shifted toward action. That may not be worse, but it is different, and noticing that difference or preferring one over the other need not be pure nostalgia.