People have been warning us about this for about 10 years now, but I still don't see those 64-core CPUs I was promised anywhere.
If we had the amount of parallelism we were told we were going to get, we could give every app its own core. OSes could even consider disabling context switches altogether for the majority of apps. Instead, we're left complaining about Electron apps like it matters.
That said, I'm not sure what stagnation you refer to. There's a reason languages like Rust, Elixir/Erlang and Go are getting popular. My PHP app could handle hundreds of concurrent connections on a single machine, my Elixir app handles hundreds of thousands. Yet, processors didn't get 1000x faster (and Elixir isn't even a particularly fast language). This is the opposite of stagnation, it's progress.