No? Getting on a BBS in 1983 at 300 baud means text files "downloaded" at the same speed you can read. Word processors were crazy painful to use, and incredibly slow. A text editor was just a line-by-line replacement. My TRS-80 would slow to a crawl even making the most basic (ha!) of programs.
Over the years, I've often thought about why computers never seem to get faster - mostly it is because people have a tolerance for response speeds, and that is unchanging. So software sits somewhere inside that tolerance range, because why be ultra fast when most people don't really care that much?