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2.) I think of the nm argument similar to the car size argument.:
A smaller car may be better but nothing has really improved if the engine design remains the same.
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If the car is smaller than that means there is less weight for the engine to haul around, and less air resistance to overcome, so it will save fuel even if the engine is the same.
Having smaller transistors and the transistors closer together means the electrons have to travel less distance and you will need fewer electrons.