There is certainly a wide variety of problems today for which pgvector is unsuitable due to performance limitations... but fear not! This is an area that is getting significant focus right now.
A marqo.ai dev is currently working on adding HNSW-IVF and HNSW support https://news.ycombinator.com/item?id=35551684 and the maintainer has recently noted that they are actively working on an IVFPQ/ScaNN implementation https://github.com/pgvector/pgvector/issues/93
The pgAnn creator actually asked about performance a month ago here https://github.com/pgvector/pgvector/issues/58
Expect to see performance improve dramatically later this year.