This has to be related to the curse of "can it scale?" that our industry is in love with. I think it is safe to say that MS Access and related programs were probably already covering a large majority of use cases back when they existed. On modern machines, they could probably cover larger companies better than folks want to admit.
Will they work for the largest companies out there? Of course not. This despite the fact that they probably did help get those companies off the ground.
Excel '98 probably covers 95% of users use cases. But here we are.