Everyone knows the path followed by every single technology mankind has ever developed - including the incredible run that was Moore's law. Sure, some will think "This time is different" - but is it?
Maybe if China stops releasing capable models the pace will slow down a little, but they have lots of incentives not to.
But even if we think back to the previous decade or two (sans AI), most of tech has been a a red queen's race - developing and improving stuff, without any real substantial results.
Microservices and orchestration are not better than old monoliths. Electron apps are not better than native. Most programs people actually use have decades-old codebases.
Video games of today don't look substantially better or play different than ones from 15 years ago.