Earlier quoted context omitted.
Because it lost meaning somewhere between a micron and 100nm. From roughly the 1960s through the end of the 1990s, the number meant printed gate lengths or half-pitch (which were identical). At some point, companies started using "equivalences" which became increasingly detached from reality. If my 50nm node had better performance than your 30nm node because I have FinFETs or SOI or whatever, shouldn't I call mine 30…
The same thing happened with chip frequency around the end of the 1990s. Chip frequencies stagnated (end of Dennard scaling if I remember correctly) giving the impression that single threaded performance had stagnated, but since then chip makers have used increasing data and instruction parallelism to squeeze even more apparent single threaded performance out of chips. A 3ghz chip today is usually way faster on avera…
Indeed
May I propose transistor density divided by the (ergodic) average transistor switching power?