There are a lot of parts of Photoshop which could be radically improved if Adobe weren’t constrained by needing to preserve existing customer workflows from circa 1995 and build off decades of legacy code / organizational inertia. Most of the low-level decisions in Photoshop are based on academic research from the 1970s, reimplemented in the early 1990s to match mid-range computer workstations and typical images of that time.
Many new image editors have basically zero thought put into design or core image processing infrastructure, and are just exact copies of Adobe’s ideas, without considering that computers and imaging have changed dramatically in the past 2 decades.
(To be fair, coming up with new ideas and then polishing them to the point they are ready for customers is really hard: it takes vision, cross-disciplinary expertise, new research work, multiple attempts at implementation when some ideas don’t work out, integration effort fitting ideas together, etc. Clones are a lot easier.)