I think the question should be: why are slalom sails lower aspect than they were 15-20 yrs ago? If you look at sails from that era, they often have similar measurements to modern foil sails. 7.5s rigging on 490s was common and much shorter boom lengths than today once you account for the inset outhaul eyelets on most sails. If you look back at catalogues from the late 90s to even up to 2010, you might be surprised how lower aspect fin sails have become since that time.
My understanding is that notwithstanding the increased aero efficiency of higher aspect sails, havinng the flow stay attached in rough sea surfaces and acceleration out of jibes started to favor race designs with longer booms.
Shorter booms, despite a lower batten count, keep the sail pressure more even and reduce the yoyo effect. That was the big revelation as people moved from using their slalom sails to foil-specific sails 3-4 yrs ago.
North 2005 catalog
issuu.com/northwindsurf/docs/05_ns_product_special_us_singleNorth 2005 Daytona (freerace sail) 7.8 521x215 North Type R (freeride) 7.5 493x213 compared to my GA Air Ride 7.7 493x210
North 2009 Warp 8.0 508x225 compared to my HGO 8.0 at 522x222 (they say 220 but it rigs 222)
btw, I personally have found having a short boom on a small sail (say around 4.0) to be a bit twitchy. ymmv