Moore's law is over in the literal sense but silicon continues to advance relatively quickly.
This claim isn't really outlandish in any way. It's not hard to imagine:
- Future models being able to handle current frontier models' workflows with much higher efficiency.
- Future consumer devices like phones having 2-4x the RAM onboard along with GPU/NPU performance greatly increased in 10-15 years.
Moore's law for 10-15 years was more like 20-100x ram sizes, not 2-4x.
Performance, storage, etc is definitely getting better, but it's a different scale of improvement