What you might not realize is that Moore’s Law only refers to the exponential price-performance improvements of integrated circuits (over the last 50 years).
Did you know that exponential growth has been going on for a much longer period? Or that such growth is occurring in other fields outside of computing, such as communication and genomics?
Such exponential growth is actually described by “The Law of Accelerating Returns,” a term coined by my friend and Singularity University Chancellor/Co-founder Ray Kurzweil.
As these exponential developments continue, we will begin to unlock unfathomably productive capabilities and begin to understand how to solve the world’s most challenging problems. There has never been a more exciting time to be alive.