I have no idea where you get the idea that AT means they don't have tachs; I haven't owned a vehicle that didn't come with a tach in decades. Even my base model Saturn SL and "grandma's grocery-getter" PT Cruiser came with a tach.
I get that idea from the cars my family has owned with ATs; the Saturn did have a tach, but none of the others did or do. I didn't say they don't exist, but that I have seen very few. The Prius definitely doesn't have one. Just like engine temperature gauges, I consider them essential to monitoring the engine condition. Oil pressure gauges, too, but they're even harder to find.
What good would a tach do you in a Prius? The engine runs at a fixed speed; it is a genset charging a battery for an electric motor.
The fact you refer to the torque converter this way proves you don't understand how they work. Modern TQs waste very little as most of the time they're locked. When they're not locked, they multiply the torque applied to them; sometimes as much as 10x. THIS is how they get more power to the ground. More torque is more grunt, which is what gets you going, and what pulls you out of the muck. Aside from the TQ, planetary gears are inherently more efficient and stronger.
So modern torque converters don't have fluid couplings any more? Unless the converter is locked, there is going to be loss. When the engine speed increases and the car's speed does not, there is loss. Sure, there will be torque multiplication, but any time that output shaft isn't turning (or isn't increasing in speed when the engine does), you don't get any use out of it.
A "fluid coupling" is a different device; both in design and engineering concept. It DOES NOT do torque multiplication; it's purpose is to deliberately be slushy to smooth out reciprocation pulses in the powertrain, usually on stationary engines.
Did you even read my post, which you quoted above? As I said; the TQ IS LOCKED MOST OF THE TIME. They can do this because the computer controls the TCC solenoid; it does so based on the engine's powerband, the rpm in & out, and the loading so that the ONLY time the TQ is unlocked is when it is BENEFICIAL. in short, you have the best of both a TQ and a clutch, and it manages it all faster and more efficiently than a human being can.
Add to this a 6-speed (or more) planetary gear transmission that never has to unmesh its gears, and you have a completely different class of transmission than anything you're familiar with.
The trans no longer has to spend a lot of time with the TQ unlocked doing torque multiplication, because they actually have all the same close ratio gears to choose from as any high-performance manual transmission. Complex gear shifting is accomplished in milliseconds, because the computer controls it all with solenoid valves, which nowadays are usually assembled as a service block that is externally accessible for maintenance.
The bad old days where automatic transmissions were slow, boggy and wasteful are just that. The bad old days.
Cheers,
mnem
*About 30 seconds away from succumbing to gravity and waking up with keyboard waffle-face*