What Bill Dally is really saying: "Ok we stuck, we don't know how to put more transistors and cores in our GPUs without making our cards anymore unreliable and expansive, so we going to start doing what ATI have been doing for years and focus on that green computing thingumabobby" Nvidia Fanboys enjoy your GeFAIL!
It's the usual Nvidia anti-Intel rhetoric. What they're actually saying is CPUs are dead; long live the GPGPU. But parallel processing isn't THE future; and multicore IS in keeping with the principle of Moore's Law. Just ignore them and move on.