Good thing is, that it's possible to create truly groundbreaking apps using non-conventional techniques, as web becomes faster and richer with new APIs.
For example with Wasm and WebGPU it's possible to create AAA games running in the browser. Someone will do it. It'll be awesome.
I have one example to prove my words. I used iPhone 4S. With iOS 6 I was able to use navigator software which worked very snappy and awesome. Few years later with iOS 9, navigator was very slow, forcing me to buy new phone eventually. With iPhone 8 it returned to blazing fast. But it did not have any new functions. They just started to consume more memory, just because they can. My UX did not change a little bit. I just had to buy new phone with infinitely faster CPU and loads of RAM, just to keep my UX from degrading.