I think people use "laws" out of optimism--they really want to improve our predictive powers and "wish" that they could come up with a black-or-white "law" to help out. Of course, as you say, the world is shades of grey :)
The Higgs Boson was confirmed based upon a statistical observation and now most particle physicists believe the standard model to be accurate. I don't see a problem with claiming something is a law if the statistical analysis supports the claim. Even our own existence is based upon statistical interactions with photons. If you don't believe that, turn off all the light in your bedroom tonight and tell us tomorrow if you could still see yourself in the mirror.
Moore's law is not a law,people don't give a shit about it! it is a trend for the company to follow to make money which in this case flawed due to major miscalculation of not taking into account of the whole semiconductor eco-system.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.