He lost a step somewhere along the way for sure. You just don't get a pass for the stuff that you got a pass for 20 years ago. Guns with bottomless clips, excessive bullet-dodging, a sorry excuse for a plot. And honestly... there are just SO FEW good action films being made (of the sort he is known for). People seem to like John Wick (I don't), and The Raid (never seen it)... Bourne/MI/Bond all dead series at this point (as far as I'm concerned)... Baby Driver (terrible)... Expendables (a joke)...
His forays into sci fi have been awful, and the same goes for anything historical (he would waste an intelligent script if it came to him). So what's he going to do? Try and out-John-Wick John Wick, which is already an exceedingly rare sucess? I find it pretty much impossible to be optimistic.