Moore's law is basically the principal that there use of tools allows one to build better tools. Technology has an exponential curve. It's possible that we run out of the ability to build smaller chips in the current style but 3D chips, light based computing, and quantum computing are examples of how we may be able to take the next step.

There is no good basis for s philosophical arguments that dumb things can't create smart things. We only have a single data point and that is humans. Inorganic matter (or if you want to skip that then single celled organisms) eventually became us. We weren't guided by something smarter than us but arose from dumb materials. ChatGPT has also demonstrated multiple emergent behaviors that were not built into it.