They do that, true. But the nature of how they play means that they pretty much won't be effective in late-game, when they can't kill people in half a second or less, meaning that the enemy team actually has a chance to CC them.
Their job is to kill the priority targets before said targets get to their full power. They're not meant to shut down a fed ADC (unless they find him solo farming), look for a burst mage to do that. Their job is to stop the ADC from ever being fed in the first place. I think people got too used to the assassin meta, where assassins killed ADCs at any point of the game, solo or in a 5v5. When they were reworked to be a bit more delayed, people weren't used to that. And people are still stuck on the idea of assassins beating marksmen at every stage of the game, not realizing that that's just not how it's supposed to be. You can't build up power as an assassin, you have to get fed and dominate ASAP.