> The PS5 has about an order of magnitude more processing power than the base PS4 and Moore's law states that computing power doubles every two years, which means it gains an order of magnitude every 6 or 7 years
That's not what moore's law is. Moore's law says that TRANSISTOR COUNT will double every 2 years.
> Moore's law is the observation that the number of transistors in a dense integrated circuit (IC) doubles about every two years
- https://en.wikipedia.org/wiki/Moore%27s_law
Back to the ps4 and ps5:
> Each of the PS5’s CUs has roughly 60 percent more transistors
- https://www.digitaltrends.com/gaming/ps4-vs-ps5/
From the same page, the original PS4 had 18 CUs, the PS5 has 36 CUs.
So if the PS4's transistor count is (n x 18), the PS5's transistor count is (n x 38 x 1/0.6) = (n x 63.3333) - which is only 3.5x
If moore's law had held you'd expect a multiple of 8 or 16, not 3.5.
Moore's law is dead, and the new console generation proves it.