As most of you know, Moore’s law is named for Gordon Moore, a co-founder of Intel.  In the mid 1960s he predicted that transistor computing power would double every 24 months.  Ultimately, the popular translation of this hypothesis, and subsequent predictions he made, was that in the development of computers, the power of the computer would double every 24 months and the price would decrease by half.  This became a truism in the PC business and for three decades proved to be true.

In recent years people started to suggest that perhaps Moore’s law had run its course.  Such exponential growth …