I kinda get what you mean. The change from the PS2 to newer generations felt huge. The idea of smartphones or handheld consoles you could fit in your pocket was insane compared to the tiny phones that existed before. I remember getting an Ipod touch when I was 12 and it felt like magic.
Nowadays though even though my phone is much stronger I just do the same things I used to do back then. Browse the internet, receive messages, emails, use the calendar, notes. There's no new function, it's simply more bloated than before. And even though the ps4 is 12 years old I can still use it just fine to play the stuff I want. I think AI is probably the next thing that will feel actually new, but even then it still kinda sucks now