Modern equipment is insanely better.

However, modern archery technique is entirely either entertainment-focused either trick shooting or target shooting where hitting precise spots is the only thing that matters, while archers from history would have been using archery in life or death situations.

In reality, neither Lars Anderson doing backflips while hitting erratic thrown targets with a bow whose draw weight would barely penetrate human skin nor the entire cadre of Olympic archers who fire 6 arrows in 2 minutes would be anywhere near as dangerous in a real battle as a typical Mongol warrior or any historical archer who participated in wars.

You see, you can't actually fire like Lars and still kill someone, especially through armor. But you also can't spend 20 seconds per arrow aiming at a moving target trying to kill you back. When you're putting arrows into a person's body, a hit that's an inch or two off center isn't going to matter.