Moore's law continuing was due to a ton of different advancements and innovations, not just one. And yes it's slowing down but it still went for 30+ years. If AI continues to improve at this rate for 30 years, hard to imagine how good it could get.
There's been a ton of innovation in the space right now. Like MoE, which was only introduced like 2 years ago and now it's everywhere. It's hard to say what can happen when you have millions of engineers working on something.