Kurzweil deals with this "S-curve" phenomenon extensively in his books. He shows that each individual computing technology follows an S curve, but the exponential price-performance of computation continues through a smooth transition to the next method. For example, as vacuum tube computing saturated, transistor computing picked up. This is not a coincidence; as one technology reaches saturation, resources flow to th…
Actually Intel did not really "find a way around the problem". CPU speeds have barely improved since then, instead it's all about multi-core. If passively parallel was all it took, we could have AI today, but we can't. And it doesn't look like CPU's are going to get any faster. The curve did exactly what the linked article said: it turned into an S curve. Moore's law still works because that's a measure of cost, but…
Do you think no one will ever figure this out? There's a bunch of stuff that no one used to know how to do but is common now. Why would AI be any different?