We used over 3000 minimun pixel length CRTs at work.
But they were complete monsters(they were deeper than x, y dimensions), not good for your eyes either,needed filters, some X rays will hit your face.
We replaced them with much cheaper(and not as good quality) LCDs arrays. They were so cheap that you could buy 6 for the price of 1 high quality display.
What happened is very simple, LCD technology did not benefit from CRT advances in resolution, as they are completely orthogonal technologies, and people bought cheap panels.
The other change was 3D. We used 2D acceleration cards back in the day, but consumers made little use of them, but they started playing 3D games a lot.
Comparing original Lemmings "sprite changing 100 small parts of the screen" with Call of duty "millions of polygons moving in 3d at real time" does not make very much sense.
So the cards evolved from accelerating a static 2D image or document on the screen like professionals needed, to updating a 3D screen 60 times per second, which is much more complex.
After LED backlighting(too expensive before) smartphones ,tablets and TVs mass producing even cheaper panels quality has improved a lot.