“In its relentless pursuit of the power curve of Moore’s law, at the expense of the much less interesting price curve, the entire electronics industry may be unknowingly trapping itself in a giant and attenuated version of the dot-com bubble–living years into the technological future, only to be painfully snapped back to the human and economic present.” Michael S. Malone —Forget Moore’s LawRedHerring)
Moore’s Law observes that computers become twice as powerful every year and a half. But who really needs twice as much computing power every 18 months? The CEO of Google announced that he wasn’t planning to upgrade Google’s computers to make use of the newest, fastest computer technology — instead, he will use the same money to buy a larger number of cheaper computers.