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AnthonyW86 said:

Let me give an example: I still have a AMD HD5850 1gb in my PC. That card launched 6 years ago in 2009, and cost about € 230. It was the most popular card back then.

Right now the most popular card in that price range is probably the Nvidia GTX 960 2GB. That card is just about twice as fast as the HD5850, and it has twice the memory etc. So about a doubling in price/performance in 6 years.

I agree that the progress has slowed down, but it's not THAT bad.

The GTX 970 (September 2014) is more than 3x as fast as the GTX 470 (April 2010) and has ~3x the RAM:

You had to pay €350 - €400 for a GTX 470 when it launched, but only €300 - €350 for a GTX 970 (I got mine for €290) when it launched. So about 3.5x the performance in 4.5 years.

The GTX 960 (January 2015) is ~2.7x as fast as the GTX 460 (July 2010) and has 2x the RAM (or 4x if you choose the 4GB-version):

You had to pay €200 - €250 for a GTX 460 when it launched (the cheaper ones were the models with 768 MB RAM), but only €180 - €200 for a GTX 960 (2 GB) when it launched. So about 3x the performance in 4.5 years.