Moore's Law, Technology, and Investing

In April of 1965 Gordon Moore (co-founder of Intel) published an article “Cramming more components onto integrated circuits” in the Electronics　Magazine. Included was an empirical observation that would later be called Moore's Law: the complexity of integrated circuits, with respect to minimum component cost, doubles every 24 months. What does this mean? For technology enthusiasts and investors, it means only one thing, if you wait two years, for the same cost you will receive twice the transistors on a processor, only the trend isn’t proving to be linear, it's got an exponential curve.　

Technical jargon aside, complexity doubles every two years at an ever increasing rate. "Within the next five to 10 years, computers 1,000 times faster than　today's computers will become available. These advances herald a new era in　scientific computing," as stated by Raymond Orbach, undersecretary for science at the Department of Energy.

Empirically technology advances, investors however never know where to put their money. As a start, the current processor manufacturer's will continue to see growth until alternative ways of processing are developed (many such developments are being worked on by these manufacturer's already). Without complications from unforeseeable catastrophes, it is a safe bet that the value　of shares for these companies will continue to grow right along with the number of computers available to the world's population. It is also well within the realm of probability that major developers of other circuit based technologies will continue to grow right alongside the chips.

Empirical evidence shows, the complexity of circuits will continue to　increase at an alarming rate, the ramifications of which are,　increased profit in the arena of technology and scientific development. The　difficulty and chance only lie in who to place your bets upon, as this is　certainly a race with multiple competitors.