This is true. However, if you look at the chips in average consumer laptops, I don't think they have increased in performance in line with Moore's Law. Today's

This is true. However, if you look at the chips in average consumer laptops, I don't think they have increased in performance in line with Moore's Law. Today's consumers are being sold cheap laptops that often have Celeron and Pentium chips, which are branded versions of the Atom design. Most of them are slower than an Intel Core 2 Duo E4400 from 2007. The big difference is that that had a TDP of 65W where a modern Atom would be more like 8W. That dramatic reduction in TDP has been driven by ultra-thin laptop designs, which has also affected faster Core designs, especially the 4.5W Core M. So yes, a lot of consumers are getting laptops that haven't increased dramatically in performance, and may have declined (as rated by Passmark benchmarks (1)). But they are getting thinner laptops with better battery life, and they are paying a lot less for them (maybe $200). (1) Real-life performance is also affected by things like built-in H264 decoding, hardware acceleration in operating systems etc.