You're underappreciating how much more we are doing with neural networks now. Image recognition, general purpose contextual searching, NLP, accelerated 3D modeling, abstract problem solving (applied derivatives of alphago and other RL), and we're on the cusp of image synthesis, music synthesis, news summarization, not to mention translation...
All of this powered by dozens of exotic architectures and hundreds of discovered tweaks and optimizations - we are finally digging into the iceberg of which research before the 10s only scratch the surface. That's not to discount the visionary work of the past!
But if you plotted some general measure of progress in this field, you would see an enormous discontinuity in the derivative starting sometime in the 10s with GPUs and the open source/open science initiatives.
For all the shit I give to Google and Facebook and FAANG in general, they absolutely brought immense good to society by democratizing practical general function approximators. If there aren't any major roadblocks ML will touch every aspect of our near future lives, much like the internet. There's just too much potential - the cutting edge is just hitting the industry, our tech is already proven and it goes far deeper than classifying cats and dogs or digits. This is real science and it's huge, and it's a fact that even the money has never been remotely there for the kind of progress we are making; not to even mention the drastic difference between running ML on 1980s hardware vs a modern GPU. The kind of science we can now do from the comfort of our homes was impossible until very recently.
It's like coming out of the bronze age and starting to work with steel. We build the tools as we go along. This is part of the process and we're actually doing a great job.