Is BIM better than CAD?

Could you elaborate on why some professionals in the construction industry argue that Building Information Modeling (BIM) is superior to Computer-Aided Design (CAD)? How does BIM's ability to integrate various disciplines and facilitate collaboration among stakeholders surpass CAD's capabilities? What specific advantages does BIM offer in terms of cost savings, time efficiency, and accuracy in project execution? Is BIM indeed the future of construction design and management, or are there still limitations and challenges that need to be addressed?