I think the distinction between “decentralised” (i.e. federated) and “distributed” is important (as decentralised is often used as an umbrella term to cover both).[0] There are tons of federated projects out there from Matrix to Mastodon, and there are initiatives to make federated networks more decentralised (such as the integration of Kademlia DHT in BitTorrent).
No need for pessimism I think. :)
[0]: https://www.researchgate.net/profile/Jason_Hoelscher/publica...