Given it's Jonathan Blow, I feel compelled to say yes.
More seriously, while program overheads have undoubtedly gotten higher, that's always been in exchange for something else, even if non-technical, like a better developer experience and platform support. Nobody writes slow programs on purpose, but people are very willing to trade it off for things that are more important in the grand scheme of things. Low level programmers love to smugly pretend that those tradeoffs do not exist but they do.
More seriously, while program overheads have undoubtedly gotten higher, that's always been in exchange for something else, even if non-technical, like a better developer experience and platform support. Nobody writes slow programs on purpose, but people are very willing to trade it off for things that are more important in the grand scheme of things. Low level programmers love to smugly pretend that those tradeoffs do not exist but they do.