I've never used Word for DOS. The oldest I've used it "seriously" was word 97 on windows 95 or 98 on a 100 MHz 486. Not book-length documents, but comfortably in the dozens of pages. That thing would
fly.
Modern Word lags on a two-page document on an 8 core xeon with 64 GB of RAM. Same PC can run modern games at 4k@60 FPS.
I can agree that maybe modern Word "does more work" than Word 97. But as another commenter said: WTF is that work? And do we even need it?
As a user, all I see is that modern Word's interface has buttons all over the place, taking up half my screen. And when I grab the scroll-bar, it won't scroll until some time after I've released it. Word 97 managed to scroll the contents as I moved the bar just fine.
It also takes forever to start-up on an SSD so fast it can move multiple times the size of that old 486's whole hard drive in one second. WTF is it loading? And once loaded, why is it so slow, since everything can fit in RAM?