It's hyperbole, and we all know that. Mobile graphics weren't around in 1999. You're taking it too literally, seriously, and you have some sort of vendetta for this.
We get it, you like Nvidia. This product isn't out yet.
The demo they showcased didn't look that fantastic, and who knows what new engines, new products, etc will be in 2 years. Intel is pushing hard for their mobile presence which is going to get market share, PowerVR still is used in a huge % of the market. Who is to say that in 2 years Tegra 5 is slower than PowerVR, Intel HD, etc. And they could easily have heat issues, etc. I can also tell you this demo was at low res, the aliasing is all over. Surface, iPad, Nexus all run higher res than displayed in this demo. This is neat that they got Frostbyte to work on Tegra 5, but by the point this is out Frostbyte will be what, 4 years old?
Calm down and don't let this be a vendetta. Technology is fun, pick the product best for you and don't evangelize for a company, and don't belittle others for having a differing opinion.