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Moore’s law

Moore´s law is a term used to describe an observation done by the electronic engineer Gordon E. Moore (cofounder Intel 1965) that, in integrated circuits, the transistor density or ‘the complexity for minimum component costs has increased at a rate of a factor of more or less two-yearly; expectedly over the short term this rate can be estimated to continue, if not to raise’.

The journalists called this ‘Moore’s law’, and as predicted the doubling every eighteen months was the pace since Economists studying the Internet. For example, Varian and MacKie-Mason have witnessed that ‘the traffic on the network is currently raising at a paste of 6 per cent a month, or doubling yearly’, and that ‘the decline in both communications link and switching costs has been exponential at about 30 per cent per year’.

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