Intel’s former chief architect: Moore’s law will be dead within a decade

Pretty clearly, programmers (as a society) have let Moore's Law carry the ball. We've quit doing assembler, we've quit doing C, we've started to do interpreted stuff. If you're an Arch Linux user, you'll have noticed the 10x or 100x size difference between a GUI and a text interface system. So, even in terms of user interface, we've let Moore's Law carry the water.

After speed and multi-threading and parallel programming stop giving rewards, do we go back down the abstraction chain? Do we start programming in C or assembler again to gain additional speed? Do we all give up (at least to some extent) on GUI programs?