The transistor counts of both the CPU and GPU are escalating almost as fast as toxic assets from the sub prime mortgage meltdown. As in every good debate there are usually 2 opposed sides to a given topic. Political parties such as Democrats and Republicans thrive on the point versus counterpoint arguments. This analogy certainly is applicable to the technology of semiconductors. Gone are the days of the CPU as the center of the computer. With the advancement of visual applications in both the commercial and entertainment sectors, graphic processing has made a claim as the center of the computer. Today 50 years after the first silicon transistor, semiconductor advancements have exceeded industry predictions 25 years ago. It is truly amazing that computer and graphic processor transistor counts have gone from 100s of millions and exceeded the billion of transistor ceiling! That is one large mass of circuits that have to be designed, verified, placed, routed and timed for chip signoff.
As the industry has pretty much hit the celing on clock speed, multiple instances of cores have appeared. However having a quad-core CPU does not mean that your office productivity suite will run faster on your desktop as this application is single threaded. Applications that are muti threaded will be able to take advantage of mutiple cores. A good example is visualization hypervisor software that will run on multiple bare metal cores. When you are managing multiple virtual machine instances many cpu threads come in handy.
It is obvious that word processing applications do not need extreme graphics processing either. Then what does require high end graphics? The graphics capability of the microprocessor is pretty impressive these days. I can think of two areas: high end video games and visualization software for high end computer modeling and manipulation. Both of these areas have a viable market as evidenced by the sales of popular gaming consoles out there such as PlayStation3 and the new consoles under development. In the commercial sector 3D crash simulations are very cost effective for automobile manufactures when designing a safer automobile.
Ferraris and Fiat Cinquecentos both can go 50 mph (80 kph). However not everyone has the need or monetary opportunity to purchase a Ferrari. The same applies for CPU and/or GPUs depending on what you are trying to do.