While I cannot say I have ever heard of the organization responsible for publishing the report, I can say with certainty that many of the committee members involved are what you'd considered experts in the field. Both sides, academia (William Dally & Mark Hill are those I'm familiar with) and industry (Intel/AMD/Nvidia/Google/etc.), are represented in the group.
Despite it appearing all doom and gloom to you, the issues at hand have been known for quite some time. The report is just summarizing them and recommending what could probably be defined as a national course of action, something targeted at policy makers. Mainly it comes down to advocating a better coordinated paradigm shift to (thread) parallelism, ideally through better education/research into algorithms, hardware and (power-)efficiency at all levels. Support is mentioned for specialized/heterogeneous computing resources as well.
Like some of the others have stated, nothing new here really.







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