Moore’s Law and economics

Bob Cringely is arguing that Moore’s Law will slow down, not as a consequence of technology limitations but because further extension after a certain point becomes too expensive. So, rather than demanding a faster processor, just get more of them – or perhaps it is time to start fiddling with software to make it faster again.
Makes sense to me – interestingly, this is one of the chief threats to Dell Computer, whose business model is founded on customers demanding technology that is up to date and customizeable. When the demand for more processing power diminishes, so should the demand for customizability – people can add stuff to their computers rather than getting new ones. Will take some years, though, but the signs are definitely there.