Moore's Law is dead. We were mostly stuck on 14nm for years and... it had no obvious effect on economic growth. A better way to put it: What kind of application

Moore's Law is dead. We were mostly stuck on 14nm for years and... it had no obvious effect on economic growth. A better way to put it: What kind of application must have a very small node and would not be able to run economically without a tiny node? Embedded doesn't care all that much. Servers can scale horizontally. What's left is various consumer products, and even here you can easily make a smartphone on 12nm, it would just be slower. Hmm.. Maybe VR and locally-run ML must have a tiny node size. Hardly big markets. For all else, there'd be a temporary efficiency loss, but we'll make do and catch up within a decade. You could argue delaying the future would have a running effect, but it seems to me mostly leisure activities would be affected and investment/production would be fine? The Moore's law effect is insignificant compared to the damage of a conflict between the world's #1 manufacturer and #1 consumers.