They are. GTX 580 from 2011 has a TDP of 375W. RTX 4080 has 320W, while offering over ten times better performance. 4060 outperforms the 1060, 2060 and 3060 while having a lower TDP than any of them.

It’s the very top of the line stuff like 4090 that push the limit by achieving that very last 10% performance bump at the cost of using double the power.