This is known as Wirth's law, which the page links to as well as to the ancient quip "what Andy giveth, Bill taketh away."

A less cynical take would shift towards the perspective of Gustafson's law. Modern systems attend to more stuff and have more capabilities and affordancies than older trimmer but also simpler software.

On Jevon's paradox, a countervailing force is ephemeralization or dematerialization, of which a large aspect is pushing away from resource intensive builds to more energy and information processing intense arrangements.