It always bugs me whenever I see someone speak about processor speed as if it automatically equates to artificial intelligence. Artificial intelligence doesn't come from a processor, it comes from a program. Granted, a fast processor is required for good artificial intelligence to function efficiently, but it's just one part of a much more complicated machine.
As for the program, that's going to be the hard part. Creating a program that learns and adapts is no small feat. Creating one that functions on a near-human level is just shy of impossible. I suppose at the very least we'll have the processor power to support human-like artificial intelligence long before the code is in place.
And that's partially why I'm dubious about the idea of artificial intelligence comparable to or greater than human intellect. The really hard part would be actually programming an AI that can do everything a human mind can do just as well as a human, or better, and that's the hard part, and I'd say we're still pretty far from that. I mean, sure, we might be able to make a computer that can compose music, but when you think about it, that's probably not as impressive as it sounds like at first. We can probably safely assume that the computer was programmed specifically to compose songs. Now, if it can also paint pictures and write poetry, and was not programmed to do so as you would program software on a computer, but rather learned to from experience like a person would, then it will be more impressive. The idea of sapient machines is an interesting science-fiction concept, but I'm not so sure it will ever be more than that, I certainly wouldn't count on it ever happening in our life time (Unless we get the immortality medicine mentioned in the article. And while I don't doubt that something along those lines, or at least a considerably extended human lifespan, could happen in the future. I'm not sure that it will happen soon enough for any of us to benefit from it, and even if it does, we must consider that it may not be readily affordable to most people.)
There's also the philosophycal question brought up in that very article about where to draw the line between AI that is intelligent in the same way we would define ourselves as being intelligent, and just a close simulation as that. But that's a subject I'd rather not get into here, for a number of reasons. In part to avoid the risk of going into territory of discussion not allowed on the forum and in part because such a discussion would yield no definite answer, since it's more a philosophical question than a scientific one, and even if any perspective on it could be scientifically proven, it would first require the presence of an AI about which this could be debated, until then, it can only be speculation.
I don't doubt that AI, and technology in general, really, has the potential to bring great changes to the way we live our lives, of course, it already has, and advancing it further will increase those changes. I'm just skeptical towards some of the visions some people have of that. The problem with any vision of the future is that they often tend to be proven wrong. No matter how much attention you pay to anolyzing all the variables and how much you think outside the box, there's still no guarentee you'll be right, partially because the course of the future may be affected by changes you simply could not have predicted, and the further ahead you look, the greater the likelyhood of changes ouside of your predictions occuring.