I multitask the heck out of my 2011 mba 4gb machine, there is no problem. Why are you limited to running one app at a time is beyond me.As has been stated before, the usage case for many people is no longer dependent upon CPU speed. CPU speed is great of course but many heavy business app years don’t actually need that much raw speed. However, some will need a lot of RAM while others don’t. And furthermore, all of these memory discussions presuppose there is only ever one user. If there is more than one then all bets are off.
BTW, in terms of lifespan: I have a 2008 MacBook and a 2009 MacBook Pro both still in active use. Yes 4 GB runs High Sierra fine, but only if you do one thing at a time. It was annoying enough just on a kitchen surfing, email, and recipe machine to necessitate upgrading to 8 GB.
I hope to keep my MacBook 2017 at least 5 years. I am a business app user that uses his laptop for work and at home, and for travel, and it’s a 12” with Core m3 Y CPU, but with 16 GB RAM.
Have you cleaned install MacOS? That might be where your problem is.