8 threads, 8MB cache, 4GHz? Pretty fast, yes. Not the fastest, by far, but are you really arguing that casual web browsing for news viewing (viewing! the stats are not even for page load, but idle) should require top of the line equipment?
I just built a 12 core system I would describe as "pretty fast." A high end consumer desktop these days is 16 cores. A couple years from now, that will be considered "pretty fast."
Make no mistake, he knew he worked on the production of CPUs and memories, it was just not his focus. Also, he certainly cared about switching time, but his observation was about transistor count, not switching time.
Also, my over 6 year old DAW (Digital Audio Workstation) CPU[0] is still plenty fast. It’s almost everything around it I have since upgraded (NVMe SSD, RAM, audio interface, video card) to keep overall system performance high.
[0] https://ark.intel.com/content/www/us/en/ark/products/77780/i...