Quite literally yes. See: https://en.wikipedia.org/wiki/Boiling_frog
The reason most people don't think so is because human brains are not wired to comprehend the danger that slow buildups of a negative create.
In general, the complete waste developers have been creating by allowing themselves to build extremely inefficient systems because moore's law, has been unethical.
Imagine if the single goal of car manufacturers became to create faster and faster consumer cars with higher and higher co2 emissions, even thought those cars sit in a parking lot 95% of the time and when in use are never exercised to their potential.