The classic trade in computer science is trading memory for execution speed

It has been that way for years, at least since Windows 3.1. You trade off skill in programming for speed and memory usage in programming via GUI tools that do an OK job but not great.I'm not sure it is better but it does make programming available to much less skilled employees that you don't have to pay as much.

We used to run 20-30 user green screen systems on UNIX (386 Interactive) with 256K of memory. It would never happen today. Most systems won't boot with less than a gig of memory.