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Why We Can't Have Nice Software
(hachyderm.io)
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20 years ago 32-bit systems, CRT monitors, dial-up modems, single core processors or HDDs with most people having 160 GB of storage at most were common. And laptop battery life and thermal performance was just ridiculous in most cases.
Moore's law is mostly dead for commercial crap, i.e. JS-heavy 3rd party spyware filled websites with comparably slow and costly backends and Electron/React Native bloat on desktop/mobile, because shorter time to market and thus paying the devs less is often much cheaper for a lot of companies.
I'd argue free software luckily proves this theorem wrong. There are still a lot of actively maintained, popular programs in C and C++ and a lot of newer ones written in Rust, Dart or Go.
Moor law is dead for a few years now. It's a fact. It doesn't mean performances stoped increasing. But they don't follow the old law. That's why the industry is shifting to distributed networking.