Progress is not dependent on CPU speed any more. The Von Neumann model of serial computation has peaked, true enough. We've only reached a local maxima. Distrib

Progress is not dependent on CPU speed any more. The Von Neumann model of serial computation has peaked, true enough. We've only reached a local maxima. Distributed processing is still in it's infancy. There will still be enormous progress even as single CPU speeds stall. That said, as I said earlier, we haven't really optimized on current hardware yet.