The goalposts have also moved in terms of quality. Raytracing these days no longer just means point light sources and mirrors, but full global illumination with

The goalposts have also moved in terms of quality. Raytracing these days no longer just means point light sources and mirrors, but full global illumination with bidirectional path tracing. Rasterization has improved a lot over the years, so the meaning of "raytracing" has to improve to be competitive.