Its kind of good for both Physics and innovation. Moore's law has stalled a lot of promising technologies that should have received funding but ecomonics stopped all such technologies. Hopefully some other material than silicon will see the light.
You could say that people have already pulled their head out of "sand" ( i,e. silicon ) and looking at other materials with higher electron mobility and lower leakage. Did the ex Intel guy at ARPA ( whose name I did n't recognize ) get into any of those novel materials ? If and when they move from Lab to Fab, they might even upset the current pecking order among SemiCos ( both IDM and Foundries ).
Good Physics have a way of disrupting extrapolations - both for and against Moore's Law.
The way it is going now as regards to the $$ required to build the next generation fab, it may very well take $10B+ to build a 5nm fab, affordable to only a handful of them, perhaps three? Any guesses? TSMC...