This entire article kind of reads like someone visiting a foreign country then coming home and reporting on how different everything is. The truth is bicycles have not really changed that much, especially since the 90's. There has been tonnes of evolution and everything works better, but we're still shifting with derailleurs, road bikes still slow you down by squeezing the rims, locomotion comes from spinning one set of rings and transferring it to another with a chain, regardless of material or literal form the frame is still 2 triangles.

Bikes these days have new geometries, exotic materials and everything works way better, but not because we're doing anything dramatically different from 25 years ago.