@screwtape @danhalbert
For a LONG time, people were dissing lisp for inefficiency, as if that were the world's only dimension of virtue. (The programming analog of shareholder capitalism, optimizing for nothing but profit as if nothing else in the world mattered.)
Google groups recently became harder to reference, but I was quoted by copy here at Slashdot with a story I once told about the kinds of things Lisp was up against: https://slashdot.org/comments.pl?sid=1238471&cid=28018063
There were many such small oppositions scattered about, enough that it eroded some of Lisp's hold.
My view (just one person's opinion) is that the switch away from lisp wasn't people nog caring as much about languages, but rather leberaging that people did still care and tarring lisp with criticisms far out of proportion with anything legit.
Later, as AI was oversold, promising to solve all problems for all people, managers explained that had these projects only been done in C++, capable of better efficiency, they'd have done better. Of course, the oriducts probably could never have been prototyped in C++, but being far along, some were readily recoded, which took time and kept projects alive as expectations were justified. After similar years of C++, of course, all the world's problenx weren't solved either, but attention had moved on to other issues.
That's not to say Lisp was best at everything.. no language is. There was way to much pressure to be all things to all people, but failing at that was something that should not have meant failing as a language or we'd have no languages at all.
In my later (2001) Slashdot interview (weird I have occasion to even mention it but twice in one essay is especially odd--so it goes), I tried to take a live and let live posture on languages that I think was well accepted. See URLs here since it was split over multiple editions: https://nhplace.com/kent/commentary.html
All of this just my personal opinion. It's fair for others to summarize this era very differently. We all see the world through the lens of our experience.