I think it’s fair to say games have improved at a similar rate. there have always been masterpieces. I think there are more per year now, just because the industry is bigger.

but technical graphics have largely stagnated. partially because nobody can afford a new graphics card, partially because it gives diminishing returns. I also think we are largely past the point where technical limitations in graphics keep people from making any piece of art they want to, and actually using a lot of the capacity for stuff requires a ridiculous amount of work from an increasingly varied array of artists, for, again, massively diminishing returns.