1M in 1990. 32M in 2000. 1G in 2010.
And... 32G in 2020... which while not unreasonable does suddenly seem quite high. And in 2022, you get to 64G, and I don't see many home computers with that much RAM.
So why have we suddenly slowed? Do we have "enough" now? And it just took 40 years to get there?
I feel profoundly conflicted about the swing from mainframe to pc to cloud and now back to edge again.
We have slowed for 2 reasons, most people don't need more and power consumption has become as important if not more important when it comes to mobile devices and laptops.
In general Moore's law is anticipated to start slowing because as you get smaller and smaller quantum physics comes more and more into play.
RAM itself is transitors, so the same factors governing CPU production (mask and die size) apply. For storage, the situation is somewhat different in the case of tape and spinning rust, though for SSD again it's basically transistors.
Keep in mind that Moore's Law is less about the physics of the Universe than an agreement between those developing and producing semiconductors and their market. Eventually physics will intrude, but to that point it's largely a matter of markets, finance, and investments.
DRAM technology is also stagnating; the industry has been on 8Gb for a long time.
Gamers are great at finding bottlenecks. They are now more interested in RAM latencies rather than amount of RAM.