Has WordPress Jumped the Shark?

I think WordPress is in danger of “jumping the shark”, becoming too complicated and loaded with too many features. Google has mostly forgotten all about Blogger, but it may become a better alternative for a lot of people who just want a simple business site. WordPress seems to be something for people who want to spend time and money on a fancy site with a lot of features. How many businesses really need all of that? Not many.
As someone who has kept sites for many years and used WordPress most of the time, I’m not planning to use a lot of customized posts. I don’t need them. I want to focus on content, not spend a lot of time on formatting.
I will add that if people are building a site to function as a web directory, job board, or any of a hundred other things – WordPress isn’t an essential element. It may even be a hindrance. WordPress is still a customized blog at heart.
Note: I posted this as a comment on WPTavern. The post there was about new custom formatting for WordPress posts. It got me thinking about how WordPress is used, who uses it and whether it is really still sustainable for the general blog user - people who are not web developers and may not want to spend that kind of time or money on a site for their business, or hobby, etc. Most of us have a limited budget. How important is it to have a fancy site with a lot of features versus just having a site up and functioning?
Is WordPress still a good option for putting up a site? Or, do you need to be (or pay) a web designer/ developer to work with WordPress?

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