Yeah, it does. I have 8 GB memory, and an Intel G3xxx CPU. I am baffled by how slow it is. For people who do not believe me, I am willing to record it, but I have to go to sleep now. :/
That's been my experience of Gradle too. It's always been slower than Maven for me. In any case, 90% of build time is unit tests for the projects I've worked on, so switching tools offer minimal benefit in that regard.