alt Hacker NewsYes, the previous fad (crypto) killed consumer GPU prices for good. I don't believe anything has compared on price-performance to a 1080 in the 10 years since.
Also the enshittification of software might count? You used to own Photoshop for life, now you're expected to pay a subscription for life. And legal onslaught, too. Encryption and consumer VPNs are on the chopping block in much of the world at the rate things are going. The end goal of governments and corporations alike is to remove the ability of consumers to own hardware they control. We are rapidly moving towards a future where you will only be able to access the internet and government services with a "trusted device", which will be a thin client with a TPM, biometric verification, telemetry of everything you do on it, and which will require paying an ongoing subscription to use.
As far as I can tell, in terms of MSRP, 980ti was $649 at launch. 1080 and 1080ti were both $699 when they hit the market.
$699 in 2015 (when the 1080 was new) is ~$975 today, adjusted for inflation.
$975 is pretty close to the launch MSRP of a 5080, which is "just" $999. (We can't actually buy them for $999, of course, but we couldn't usually get 1080 cards at MSRP during the mining frenzy a decade ago either.)