[Hasz]

No. In basically no other industry does "performance" double every two years. Agricultural output doesn't double every two years, drugs aren't twice as effective every two years, and cars aren't twice as fast every two years. Semiconductor manufacturing is the exception, not the rule.

As for the different constants point -- you can model anything as an exponential function with a small enough coefficient. Moore's law is significant because it doubles every two years.

Economies of scale is in reference to mass production (scale). Making 1000 widgets is cheaper than making 10 widgets on a per widget basis. This is fundamentally different from the predictions made by Gordon Moore.

It's also like to point out that Moore's Law hasn't applied for a while now. Ultimately, we'd be at >5nm, and that's nowhere near ready.