Magnetic Lasso tool missing?

When you find the Magnetic Lasso tool, have a play with it, but it is actually a relic left over from when Photoshop had a spotty face and wore short trousers.  It has been superseded by tools like the Quick Selection tool and Select Subject which use Adobe's Sensei (an AI) to make clever decisions to work out selections.  Select Subject works almost like magic!  These new tools have dramatically reduced the time it takes to make selections now that Photoshop is all grown up.