Certainly, but that depended on your own choices in technologies. This condition is not time-dependent. You can inflict yourself the exact same condition by choosing Rust.
Compile times are faster now for C and C++ right? Some of it due to further compiler optimizations but mostly due to higher CPU power.
Still, you seem to be arguing that the choice should be Pascal instead of Rust. There is a reason why we choose these new languages: language features. Compile time is a lesser consideration.
No, I'm arguing that having more "blocking" time is not a function of time (early days of programming), but a self-inflicted choice. Yes, choosing C in the 80s meant self-inflicting yourself with "blocking" time, but there was the choice of Turbo Pascal, or Forth or whatever. Plenty of great choices that ran really fast on those old machines.
Do I mean that one should choose Pascal today? No, compiling C code today is really fast and has practically no "blocking" time. But you can still inflict yourself "blocking" time if you want, with languages like Rust.