Papermaster agreed transistors can no longer improve every cycle so he suggested we're now moving towards a "Moore's Law Plus", which means you get roughly the same pace of computing improvement with a combination of other techniques:
“Moore’s Law Plus means you stay in a Moore’s Law pace of computing improvement. So you can keep in with a Moore’s Law cycle but you don’t rely on just semiconductor chips, you do it with a combination of other techniques,” he added.So basically: The king is dead, long live the king!
These "other techniques" refer to a combination of design, the semiconductor and how you architect those system solutions that will keep on the Moore's Law pace.
It might be combinations of CPU and GPU, other accelerators, different memory configurations, or how they are pieced together – there is room for lots of innovation at the next level.