This is spot on and it makes me sad. We have hardware and programming languages available to us that people could only dream of 30 years ago and so much of the software we produce with it is objectively worse. I don't think Wayland (or X) is really salvageable at this point.
I know, all of the things I said can be said to be the worsening of the software. But what many people think when they read that sentence is that just the simple act of updating software is detrimental to the user's needs. Which I don't think is true all the time.