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I don't think its lost all meaning but I agree that it is far too simplistic to be useful.
Honestly, the two parties in the US are more alike than different but in recent years the divide has widened. Its still closer to the same than in many European counties.
I don't think the democratic socialists will take over the democrat party. Maybe I'm wrong but I see a more moderate party as the only option they have against Trump's party.
Trump is a populist. He is not ideological at all really, but he has people in his circle that are ideological and this time around its much more of the traditional old school right wing party vs. the prev time which was more neo-con.
The parties are going to exist in a very different country next go around, there is no Democrat party right now, just a remnant blackmailed actors trying to stay out of jail or the funeral home
I think it's possible things start to look more European as that vacuum gets filled, as in more niche parties its going to be a different country too after election security is addressed. A renewed political compass map then may look like a Meyers-Briggs series of profiles rather than 2D.
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