It's hilarious to me how unnecessarily complicated invoking moore's law is to say anything..
With Moore's Law: "Ok ok ok, so like, imagine that this highly abstract, broad process over huge time period, is actually the same as manufacturing this very specific thing over a small time period. Hmm, it doesn't fit. ok, let's normalize the timelines with this number. Why? Uhhh because you know, this metric doubles as well. Ok. Now let's just put these things together into our machine and LOOK it doesn't match our empirical observations, obviously I've discovered something!"
Without Moore's Law: "When you reduce the dimensions of any system in nature, flattening their interactions, you find exponential processes everywhere. QED."
It's also, probably wrong. Modern views of intelligence (see Multiple realizability of cognition and Multi-level competency collective intelligence and Free Energy Principle models) suggest you are better of measuring intelligence by measuring it's metabolism or through perturbation and interactions.
Which isn't reductive enough for these people.