For software to be perfect, can not be improved no matter what, you'd have to define a very specific and narrow scope and evaluate against that.
Environments change, text and data encoding and content changes, forms and protocol of input and output changes, opportunities and wishes to integrate or extend change.
pwd seems simple enough. cd I would already say no, with opportunities to remember folders, support globbing, fuzzy matching, history, virtual filesystems. Many of those depend on the environment you're in. Typically, shells handle globbing. There's alternative cd tools that do fuzzy matching and history, and virtual filesystems are usually abstracted away. But things change. And I would certainly like an interactive and fuzzy cd.
Now, if you define it's scope, you can say: "All that other stuff is out of scope. It's perfect within it's defined target scope." But I don't know if that's what you're looking for? It certainly doesn't mean it can't be improved no matter what.