As others have said, if C were dead by now that would be great.
But I'm pretty skeptical, to be honest. I've been working on one or another high-performance C or C++ program for most of the past 20 years. I can't ever remember getting a really substantial speed improvement from upgrading the compiler for an important platform, because anything the old compiler did badly that really hurt program performance had already been avoided, either before or after seeing it in profiling results. I'm sure that if you took C code developed on a modern compiler and compiled it with a 90s compiler, it would be slower. But I doubt the software ecosystem would actually be drastically slower if optimizer technology hadn't advanced significantly since 1995, and everything had been developed under that constraint. And I don't think every single advance in optimization since 1995 is dependent on degenerate transformations of undefined behavior.
But I'm pretty skeptical, to be honest. I've been working on one or another high-performance C or C++ program for most of the past 20 years. I can't ever remember getting a really substantial speed improvement from upgrading the compiler for an important platform, because anything the old compiler did badly that really hurt program performance had already been avoided, either before or after seeing it in profiling results. I'm sure that if you took C code developed on a modern compiler and compiled it with a 90s compiler, it would be slower. But I doubt the software ecosystem would actually be drastically slower if optimizer technology hadn't advanced significantly since 1995, and everything had been developed under that constraint. And I don't think every single advance in optimization since 1995 is dependent on degenerate transformations of undefined behavior.