I don't believe it. Unless you are running some 1999's 20gig hard drives and a i7-6700k with high speed ddr4 rams and use a ccache and gold linker, that is very very unlikely.
I have ~1TB SSD and ~3TB HDD (so I suppose both been made quite recently) and a single 12 thread Intel CPU using clang-based toolchain under various build systems. In your opinion, this system is never IO limited on any possible C++ project?