Has it though? Without measurements this is just idle talk.
And I've used Photoshop in the 90s and I use it today ocassionally. I remember having 90s sized web pictures (say, 1024x768) and waiting for a filter to be applied for tens of seconds - which I get instantly today with 24MP and more...
And if we're into idle talk I've always found Photoshop faster in large images and projects than competitors, including "lightweight" ones.
It's hella more optimized than them.
In any case, some e.g. image filter application (that takes, e.g. 20 seconds vs 1 minute with them) just calls some optimized C++ code (perhaps with some asm thrown in) that does just that.
The rest of the "bloat" (in the UI, feature count, etc) has absolutely no bearing as to whether a filter or an operation (like blend, crop, etc) runs fast or not. At worst, it makes going around in the UI to select the operations you want slower.
And in many cases the code implementing a basic operation, filter, etc, hasn't even been changed since 2000 or so (if anything, it was optimized further, taken to use the GPU, etc).
https://en.wikipedia.org/wiki/Kentsfield_(microprocessor) Modern processors are nowhere near 10x faster single core. Maybe 4x.
If you take into account performance/watt you do get 10x or better.
If the trend had continued we would have 1500Ghz cores by now.
Here's the single thread raw data from that repo. If you take into account clock speed increase (which, as you agree, have plateaued) we're looking at maybe a 2x increase in instructions per clock for conventional int (not vectorized) workloads.
Is there even another 2x IPC increase possible? At any time scale?
https://github.com/karlrupp/microprocessor-trend-data/blob/m...
... computational power has grown ~%259,900 since the 90s.
The point being made is this: Photoshop does one job and has one focus should), yet it has gotten slower at doing that one job and not faster. Optimising the code AND introducing incredibly hardware to the consumer market should see Photoshop loading in milliseconds, in my opinion.