Moore’s Law has been one of the most important drivers of productivity and economic growth over the last 50 years.
Continuation of the regular doubling of computing performance is becoming increasingly difficult and is highly dependent on a few companies we deem to be some of the most important companies in the world today.
The eventual end of Moore’s Law will not mean the end of computational progress. The future of computing is a convergence of traditional silicon based computing and new types based on neuromorphic and quantum principles.
For more than 50 years the semiconductor industry has managed to develop technologies that have ensured the continuation of what has been termed Moore’s Law, the periodic doubling of the number of components on an integrated circuit leading to an exponential growth in computing power. As a consequence, Moore’s Law has been instrumental in driving productivity and business model development and therefore economic growth over the last half century. See also The Butterfly Effect and Taiwan as the Future IT Hotspot.