This is only true because of artificial market bottlenecks:
1) Consoles have weak CPUs so big developers are focusing on pretty graphics instead of deep AI and such. This isn't new. Remember the Cell processor? More powerful than PCs for pretty graphical streaming and worse for things like AI and physics.
2) It's easier, traditionally, to sell games to people with pretty graphics and comparatively vapid gameplay. Games like DOOM are about walking/running around and shooting things. Thrilling.
3) Things like high-frequency trading haven't trickled down to the masses, even though one trader told Samantha Bee that
it works just like your e-mail program.
4) Corporations are focused on delivering the least product for the most money so they haven't been very aggressive in putting demands on CPUs. They want all the people with low-end and midrange CPUs to buy their product. They're more focused on getting people's files and profiling than on expanding and deepening the desktop microcomputing software sector, along with the expansion of subscriptions and microtransactions. Cloud computing, at its height, turns a person's PC into a dummy terminal. The Internet seems to be what has stalled CPU gains in large part.
This is similar to the way Hollywood and television are focusing on recycling rather than new content. Shows like The Middle are blatant rip-offs of previous TV shows and rather than getting new content we're getting Carrie Fisher 2.0. Homogenization and increased blandness of content is also the name of the game, as with the way Abrams' Star Trek is a bland conflation of Star Trek and Star Wars and The Middle is much blander than Malcolm and the Middle was. My spouse thinks the Writers' Strike is the cause, that most of the good writers changed fields and few people pursued writing as a result.
Even gaming, particularly Nintendo, has long been like this. Once upon a time it only released a single Metroid game for the NES and only a single one for the SNES. Only a single Zelda game for the SNES, too. But since then Metroid and Zelda have been proliferating all over the place, along with Mario. Square has been pushing Final Fantasy forever and gamers have been more interested in a remake of FFVII (or VI) than in their more recent content. The Terminator franchise is a perfect example of how the remake culture degrades content. Only the first film was any good.
5) With wealth consolidation, which has been the name of the game since wages started falling in the 70s and mergers (corporate consolidation) became the name of the game, it's harder and harder for the little guy to make anything creative that has a budget beyond indie. When it comes to making software that pushes the CPU envelope, indie is unlikely to get that done. Bigger companies are generally more risk-averse, resulting in bland me-too copycat content.
etc.