Honestly, this is a bit of a relief. All of the AI nightmare scenarios (be they the Terminator kind, or the more realistic hyper-empowerment-of-a-few-elites kind) rely on that exponential growth continuing unimpeded. If there's no exponential growth, there's no runaway AI that swiftly outpaces human understanding.
Let me fuel your paranoia a little. It’s likely that cloud computing will continue to see decreases in costs, which means the availability of computing will continue to raise after Mores Law has stopped giving. Quantum computers might play a role in increasing computational power in the next decade. Right now a lot of AI research is low hanging fruit recently made available with advances in CPU and GPU. After the adv…
It won't increase your FLOP/s in any way. It will mostly[0] help solving narrow problem classes, those outside P but in BQP[1]. To my understanding none of the problems encountered in NN training falls into that.
[0] ignoring polynomial speedups such as grover's algorithm [1] https://en.wikipedia.org/wiki/BQP