When people say things like that, they usually bemoan the radical slowdown in single-thread performance improvements. For some problems that's all that matters,

When people say things like that, they usually bemoan the radical slowdown in single-thread performance improvements. For some problems that's all that matters, and the people that have such problems are understandably disappointed. Moore's law is alive and well (at least for now) for low-power and multicore, but for single-thread desktop-class chips things have slowed down a lot.