I'm not sure this analogy works, because internet explorer was pure garbage. It was worse than garbage, it was like the nasty water left over at the top of the industrial drain, and by just looking at it you risk losing your eye sight. IE was more ripe for disruption like few products ever are, it was so ripe we got not one, but two competitors (chrome)!
Pound for pound, chrome is ridiculously far ahead of internet explorer mid-2000's. IDK what the hell someone is going to have to do to upend chrome and its rendering components but is going to have to be great.