It could have been. It did happen in some cases as computer vision didn't wait for neural networks (e.g. OCR). But to hijack a famous quote, "Neural networks are like violence - if it doesn't solve your problems, you are not using enough of it."
> A neuron with two inputs has three parameters. Two of them, called weights, determine how much each input affects the output. The third parameter, called the bias, determines the neuron’s overall preference for putting out 0 or 1.
So a neuron does very basic polynomial interpolation and by hooking them together you get polynomial regression. I don't know if it amusing or amazing that people use polynomial regression to write programs now.