May be true for offline full text search, but not true for online string search.
I invented a very fast string search algorithm based on bloom filters. Our paper [1] was accepted to the Symposium of Experimental Algorithms 2024 [2]. Code can be found here [3].
[1] https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.S...
Looks really interesting! If I wanted to try one of these, which of the family would you recommend to start with?