the only thing that hasn't shrunk seems to be tech. my current laptop is a 14nm+++ Intel chip that cost 1k when i bought it. the same 1k can get you a Intel 7 or TSMC 5nm AMD ryzen. Same money, but better cpu.
I think there's a reasonable case to be made that new GPU SKUs are also good being released at higher price points or with more inflated product names than they would have had historically. E.g. a 4060 looks a lot like a product that might have been released as a xx50 series part in more historically normal market conditions.
the only thing that hasn't shrunk seems to be tech. my current laptop is a 14nm+++ Intel chip that cost 1k when i bought it. the same 1k can get you a Intel 7 or TSMC 5nm AMD ryzen. Same money, but better cpu.