Are you sure this is not just a case of good VX has hard to spot? And you only notice the bad/cheap examples.
VFX can be more subtle (e.g. how Fincher uses it), but it's rare. The industry (which is separate from the technology) didn't mature, it enabled crappy effects to dominate.
Oh, I hundred percent believe it. But did they spend the money on the vfx?
For example 1917 or Nolan movies I think have great VFX https://www.youtube.com/watch?v=2bRZbsk_wuA (last part)