It's not a law, of course; it's an empirical generalization. But it's held up remarkably well. Gordon Moore, then head of research for Fairchild Semiconductor, made his prediction back in 1965. He spoke to Tom Friedman of the NYTimes:
“The original prediction was to look at 10 years, which I thought was a stretch. This was going from about 60 elements on an integrated circuit to 60,000 — a thousandfold extrapolation over 10 years. I thought that was pretty wild. The fact that something similar is going on for 50 years is truly amazing. You know, there were all kinds of barriers we could always see that [were] going to prevent taking the next step, and somehow or other, as we got closer, the engineers had figured out ways around these. But someday it has to stop. No exponential like this goes on forever.”
The federal government, alas, has slowed down its investment in basic research:
“I’m disappointed that the federal government seems to be decreasing its support of basic research,” said Moore. “That’s really where these ideas get started. They take a long time to germinate, but eventually they lead to some marvelous advances. Certainly, our whole industry came out of some of the early understanding of the quantum mechanics of some of the materials. I look at what’s happening in the biological area, which is the result of looking more detailed at the way life works, looking at the structure of the genes and one thing and another. These are all practical applications that are coming out of some very fundamental research, and our position in the world of fundamental science has deteriorated pretty badly. There are several other countries that are spending a significantly higher percentage of their G.N.P. than we are on basic science or on science, and ours is becoming less and less basic.”
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