Things have gotten exponentially larger in the meantime... with your average home computer going from < 1GB of RAM to 8GB and ever increasingly larger (my cell phone has 12GB of RAM and 512GB of storage for what it's worth).
Having storage ranging in the Terabyte category is simply the norm, and things like Petabytes of storage are rapidly becoming more accessible for average users.
Saying "X is enough" - ever - in computing is foolhardy.