Moore's Law is really a thing about human activity, it's about vision, it's about what you're allowed to believe. Because people are really limited by their beliefs, they limit themselves by what they allow themselves to believe about what is possible.
Moore's Law - The number of transistors and resistors on a chip doubles every 24 months
The truth of Moore's law has made remarkable things possible. On the software side, I think natural user interfaces in all their forms are equally significant.
The way Moore's Law occurs in computing is really unprecedented in other walks of life. If the Boeing 747 obeyed Moore's Law, it would travel a million miles an hour, it would be shrunken down in size, and a trip to New York would cost about five dollars. Those enormous changes just aren't part of our everyday experience.
At some point, Moore's law will break down.
Moore's Law of Mad Science: Every eighteen months, the minimum IQ necessary to destroy the world drops by one point.
I'm a physicist, and we have something called Moore's Law, which says computer power doubles every 18 months. So every Christmas, we more or less assume that our toys and appliances are more or less twice as powerful as the previous Christmas.
If anything, there's a reverse Moore's Law observable in software: As processors become faster and memory becomes cheaper, software becomes correspondingly slower and more bloated, using up all available resources.
Gates has always understood Moore's Law better than anyone else in the industry. If you can make something run at all, get it out there -it may be slow and clunky, but hardware improvements will bail you out. If you wait until it's running perfectly on the hardware already in the field, it will be obsolete before it's released. This philosophy built Microsoft and is the main reason Microsoft won the war IBM declared back in the OS/2 days.
Because of the nature of Moore's law, anything that an extremely clever graphics programmer can do at one point can be replicated by a merely competent programmer some number of years later.
I would point out is that most of the change over the past 5,000 years has been arithmetic, and it now logarithmic. Digitization, the whole Moore's law thing where it doubles every 18 months - that is a speed that is faster than most people are used to.
Moore's law is really about economics.
The ever-growing size of software applications is what makes Moore's Law possible: 'If we hadn't brought your computer to its knees, why would you go out and buy a new one?'
The technology of synthetic biology is currently accelerating at four times the rate of Moore's Law. It's been doing that since 2005, and it's likely to continue.
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