@ifixcoinops it's not really true, though.
I bought new ThinkPads in 2012 (well 2013), 2018, and 2023 (could have been 2021). 2012 to 2018 (i5-320M to 8250U) doubled performance, and 2018 to 2023 (to Ryzen 7650U Pro) doubled performance again.
That is, 2012 to 2021 quadrupled performance, and it about halved the power consumption, at light use anyway. Batteries can now last more than 3 hours, it's amazing.