I think I see Intel's end game here.
Their current high-end CPU's are the benchmark of the industry. The goal is to continue to improve their processors slightly while reducing power consumption. In other words, imagine the power of a 5960X... in a smartphone that is able to last with 24-48 hours of screen-on time.
That's the goal. No telling what sort of devices would come out of this sort of advancement. I'm sure a "smartphone" will be outdated by that point.
Of course, there is always the idea that eventually the "CPU" as we know it will become outdated. Instead, devices will function similarly to that of brain cells where each one helps to complete a task, but the device will not function a peak performance without being connected to other devices. This is the "Internet of Things" end game.
Personally, I welcome our new Electronic Overlords. Edited by Mad Pistol - 2/10/16 at 4:27pm