Probably people at some point were making same arguments about ASM and C. How many people though do ASM these days? Not arguing that for now it is relevant point, obviously Rust / C are way faster.
I doubt it. C is well within 2x of what you can achieve with hand written assembly in almost every case.
Furthermore writing large programs in pure assembly is not really feasible, but writing large programs in C++, Go, Rust, Java, C#, Typescript, etc. is totally feasible.