Those "bathtub toys" built the entire modern infrastructure, parts of which are still chugging along. If anything, I'd put the onus on software developers - like John Carmack said in 2005, "there is something deeply wrong when text editing on a 3.6 ghz processor is anything but instantaneous".

Software in the 80s showed what's possible when you really care about doing it. Software in the last 15 years feels like an exercise on what happens when you don't.