Cabin fever anyone...?
Bullet design is a balancing act of conflicting requirements and constraints. Every bullet design is a compromise to some extent and is determined by application.
For short range BR shooting, the optimal bullet is one that requires slower spin rates, and can be made with the best balance. Fortunately, both these requirements are met with short stubby bullets. SHort bullets require less spin, and it's easier to draw shorter jackets with low run-out consistently.
Furthermore, shooting good groups at short range doesn't depend so much on BC, so it's acceptable that the bullets have low BC's.
On the other hand, bullets that are optimized for long range performance NEED to have higher BC's due to wind sensitivity. Because of this requirement for high BC, the bullets are longer which means they suffer from greater imbalance (more difficult to draw long jackets with low run-out) AND, those long bullets need to be spun faster to stabilize.
The above is a short summary, but it sort of describes the realities of the design space for bullets made of copper and lead.
It's OK that a high BC bullet can't group better than 1/4 MOA at 100 yards because it can still hold 1/2 MOA at 1000. But take a bullet that can group 1/10 MOA at 100 and it will probably be bigger than 1/2 MOA at 1000. In other words, you're choosing the right tool for the job; short range or long range.
But getting to the OP's question; what about the future? This is something I think about all the time
To escape the confines of the current design space would mean using different materials and/or different forms of stability.
For example, at one point I looked into electroplating jackets onto cores, thinking that a more uniform jacket (lower run-out, better balanced) could be assembled one molecule at a time. Turns out the process is actually subject to many variables, and could not make more uniform jackets.
Another approach is to eliminate the biggest cause of dispersion, which for conventional rifles is due to the combination of imbalance and high spin rates. There's no getting around it; spin something at 150,000 RPM+ and even 0.0001" of imbalance is the biggest source of dispersion (in BR level rifles), and it's very difficult to balance projectiles better than 0.0001". We can change this entire dynamic by firing projectiles that are not SPIN stabilized, but instead, FIN stabilized.
Fin stabilized projectiles don't have to spin so fast, so they're not sensitive to minor imbalances. However, gun launched fin stabilized projectiles are subject to other dispersion sources, most notably launch dynamics. When you fire a fin stabilized projectile from a gun barrel, you need a sabot to seal the bore and hold the projectile. When this assembly exits the muzzle, the fins are hammered with muzzle blast which causes more tip-off than a conventional spin stabilized bullet would have. Furthermore, you have the sabot discard to consider. There are ways to address and minimize these problems, like ventalating the end of the barrel to reduce muzzle blast, but it's a whole 'nother ballgame. Consider the cost of finned projectiles/sabot assembly.
What I'm saying is there are ways to make better bullets, but they require fundamental changes and great levels of complexity compared to what we can achieve now with swaging copper and lead bullets that are well under $1/ea. And to what end? So you can shoot .05" groups at 100 yards instead of 0.10"? Heck, the bullet is 0.243" in diameter, which means there is litterally no target you can't hit with the current level of precision. For long range shooting; current equipment is capable of 1/2 MOA accuracy at 1000 yards. Which means you should be able to hit any target that's 5" or bigger at 1000 yards. But the truth is that most shooters with 1/2 MOA 1000 yard rifles wouldn't bet a beer that they can hit a 5" target at 1000 yards on the first shot every time. My point is, when the objective is hitting targets, we're not limited by precision, but we're limited by accuracy (centering the group) which isn't a matter of better bullets, but of trajectory prediction.
Only in the pure pursuit of group shooting (rather than hitting targets or score shooting) does it make sense to focus on bullet precision as the thing that needs improved.
-Bryan