To me, that's a sign of the engineering discipline having matured (as well as average computational needs not keeping pace with computational power). My first job out of college was at Google, and I remember being somewhat disappointed the first time I was told to replace some elegant, dense logic with something more readable. After years of having to read other people's prematurely optimized or unnecessarily compact code in large engineering systems in complex problem domains, I'm more than bought into the idea that readability is one of the primary goals of good code.

This doesn't preclude compromising readability for hacks when you need to squeeze performance out of some logic (just look at Tensorflow code), but you'd expect a maturing computational environment and engineering culture to reduce the number of clever hacks needed or present.