Not so quickly. The shader cores were a breakthrough from early 2000s. First consumer GPUs were built as same as the 1980s GPUs but everything had been integrated in a single chip.
It is the sheer amount of compute and memory bandwidth that mogs a CPU but the parallel processing doesn't help much, at least in realistic 3D: an 8 core AVX-512 march CPU has an order of magnitude more SIMD lanes than something like RSX in PS3 yet it still wouldn't be able to match its performance in rendering textured z-buffered triangles. 3D graphics can really go wide only on wireframe/points, z-buffer forces sequencing between polys so the parallelism there is very limited.
It is the sheer amount of compute and memory bandwidth that mogs a CPU but the parallel processing doesn't help much, at least in realistic 3D: an 8 core AVX-512 march CPU has an order of magnitude more SIMD lanes than something like RSX in PS3 yet it still wouldn't be able to match its performance in rendering textured z-buffered triangles. 3D graphics can really go wide only on wireframe/points, z-buffer forces sequencing between polys so the parallelism there is very limited.