I mean, maybe, but it seems like software isn't really getting significantly slower anymore. They've actually started optimizing their 7000 layer mega stacks, enough for Moore's law to finally catch up, and things seem pretty OK , aside from video games.

Games need insane amounts of CPU despite not producing any more happiness than 90s games. The graphics and content really has expanded though, so it's not like it's all for nothing, it's just that the amount of enjoyment doesn't seem to scale linearly with graphics quality.

Still lots of great stuff that does run on an i5 though!