Moore's Law and Why It's So Damn Important
It’s not an exact science, but basically, Moore’s Law is the concept that every 2 years, technology will get faster and smaller.
It is a computing term which originated around 1970; the simplified version of this law states that processor speeds, or overall processing power for computers will double every two years. A quick check among technicians in different computer companies shows that the term is not very popular but the rule is still accepted.
Some may say this isn’t very accurate and doesn’t exactly refer to speed but to the size of the components on the chips themselves.
if you were to look at processor speeds from the 1970’s to 2009 and then again in 2010, one may think that the law has reached its limit or is nearing the limit. In the 1970’s processor speeds ranged from 740 KHz to 8MHz; notice that the 740 is KHz, which is Kilo Hertz – while the 8 is MHz, which is Mega Hertz.
From 2000 – 2009 there has not really been much of a speed difference as the speeds range from 1.3 GHz to 2.8 GHz, which suggests that the speeds have barely doubled within a 10 year span. This is because we are looking at the speeds and not the number of transistors; in 2000 the number of transistors in the CPU numbered 37.5 million, while in 2009 the number went up to an outstanding 904 million; this is why it is more accurate to apply the law to transistors than to speed.
But what does all this mumbo jumbo have to do with us? And why is it so important? Well why do you think we have a new iPhone every year? That’s why. This has a huge effect on businesses and industries far and wide and as we move toward an age where everything is controlled by our mobile devices, they will only get faster and more capable.
As creators, this is even more important for us because every few years, the bar for entry into many areas have become so simple.
To get 4k video, it used to require an upward of $3,000 camera. Now, you can accomplish that with a $900 phone. Making it possible for entire movies to be shot entirely with a mobile device. The plus? It eliminates a lot of equipment costs, complications using and managing that equipment and increases the speed of production.
The technology for 3D printing, 3D scanning and motion capture used to require huge setups and tons of equipment upwards of $10,000. Now, you can build a simple 3D printer for a few hundred bucks. 3D scanners are everywhere and have become so accessible.
As technology becomes smaller, industries have to reassess how they operate because it’s giving normal consumers an opportunity to cut the middle man. Which for a business that don’t change with the times, is devastating. But what’s next?