After Covid, (during Covid to be honest we are still under covid), Honda but in general Asian teams has not invested so much in sports.
We need to wait few years to see how the situation will develop but for the moment there is no competition.
I'm not sure if it wasn't also a kind of arrogance on the part of the Japanese teams, Marc was able to compensate for the deficits of the Honda as well as possible before the injuries, Fabio too, but Rossi has already warned Yamaha that there is nothing more to do and there are major deficits in the engine, the Honda was unrideable for riders other than Marc, etc.
And somehow these teams didn't want to know anything about it, Ducati wanted too much in development every year, now they are only turning the right screws and that's a good thing, Aprilia and KTM have already established themselves well with their comparatively low budgets.