If someone truly wanted to make an innovative compressor in 2023, they probably wouldn't be messing with capacitors, resistors, and semiconductors.
They'd be working with lines of code!
I do code though, mostly within JSFX and REAKTOR environment. Otherwise is too much hassle bothering with VST2, VST3, AU protocols and various compatibility issues, that are ever-changing on a daily basis.
I code mostly for fun and me, but I did put out some of my work:
Inga Naïve Leveller
That's the problem I guess, in DSP land you are more flexible with rearranging code/circuit design, instant troubleshooting and evaluating.
I honestly like the digital domain, but it has its shortfalls.
It's inherently bad at emulating non-linearities, especialy electro-magnetic ones (tape, traffos, inductors ...)
Something as simple as transformer (which is basically two wires coiled near each together) is nearly impossible to model fully.
Hysteresis, eddy current loss, non-linear phase response, core over-saturation, it's just so much going on at the same time and being interconnected.
You have to seriously "dumb-down" models to use FX/plugins without latency and in real time.
That's why plugins always sound 85% there (which is good enough) but it would be straight-up-lying to say it's a 100% authentic model of a specific hardware unit.
The Golden Age 54 for instance is just a chinese made clone, more or less, of the vintage Neve
It's impossible cheap though, which is an achievement on itself, and much more interesting than anything else in its price range.