It might, but:

• Current approaches are displaying exponential demands for more resources with barely noticable “improvements”, so new approaches will be needed.
• Advances in electronics are getting ever more difficult with increasing drawbacks. In 1980 a processor would likely not even have a heatsink. Now the current edge of that Moore’s law essentially is datacenter only and frequently demands it to be hooked up to water for cooling. SDRAM has joined CPUs in needing more active cooling.