Moore's law is the observation that over the history of computing hardware, the number of transistors on integrated circuits doubles approximately every two years. The period often quoted as "18 months" is due to Intel executive David House, who predicted that period for a doubling in chip performance (being a combination of the effect of more transistors and their being faster).
The law is named after Intel co-founder Gordon E. Moore, who described the trend in his 1965 paper. The paper noted that the number of components in integrated circuits had doubled every year from the invention of the integrated circuit in 1958 until 1965 and predicted that the trend would continue "for at least ten years". His prediction has proven to be uncannily accurate, in part because the law is now used in the semiconductor industry to guide long-term planning and to set targets for research and development.
The capabilities of many digital electronic devices are strongly linked to Moore's law: processing speed, memory capacity, sensors and even the number and size of pixels in digital cameras. All of these are improving at (roughly) exponential rates as well (see Other formulations and similar laws). This exponential improvement has dramatically enhanced the impact of digital electronics in nearly every segment of the world economy. Moore's law describes a driving force of technological and social change in the late 20th and early 21st centuries.
This trend has continued for more than half a century. Sources in 2005 expected it to continue until at least 2015 or 2020.[note 1] However, the 2010 update to the International Technology Roadmap for Semiconductors has growth slowing at the end of 2013, after which time transistor counts and densities are to double only every three years.
The term "Moore's law" was coined around 1970 by the Caltech professor, VLSI pioneer, and entrepreneur Carver Mead in reference to a statement by Gordon E. Moore. Predictions of similar increases in computer power had existed years prior. Alan Turing in his 1950 paper Computing Machinery and Intelligence had predicted that by the turn of the millennium, we would have "computers with a storage capacity of about 109", what today we would call "128 megabytes." Moore may have heard Douglas Engelbart, a co-inventor of today's mechanical computer mouse, discuss the projected downscaling of integrated circuit size in a 1960 lecture. A New York Times article published August 31, 2009, credits Engelbart as having made the prediction in 1959.
The complexity for minimum component costs has increased at a rate of roughly a factor of two per year... Certainly over the short term this rate can be expected to continue, if not to increase. Over the longer term, the rate of increase is a bit more uncertain, although there is no reason to believe it will not remain nearly constant for at least 10 years. That means by 1975, the number of components per integrated circuit for minimum cost will be 65,000. I believe that such a large circuit can be built on a single wafer.
Moore slightly altered the formulation of the law over time, in retrospect bolstering the perceived accuracy of his law. Most notably, in 1975, Moore altered his projection to a doubling every two years. Despite popular misconception, he is adamant that he did not predict a doubling "every 18 months." However, David House, an Intel colleague, had factored in the increasing performance of transistors to conclude that integrated circuits would double in performance every 18 months.[note 2]
In April 2005, Intel offered US$10,000 to purchase a copy of the original Electronics Magazine issue in which Moore's article appeared. An engineer living in the United Kingdom was the first to find a copy and offer it to Intel.
Several measures of digital technology are improving at exponential rates related to Moore's law, including the size, cost, density and speed of components. Moore himself wrote only about the density of components (or transistors) at minimum cost.
Transistors per integrated circuit. The most popular formulation is of the doubling of the number of transistors on integrated circuits every two years. At the end of the 1970s, Moore's law became known as the limit for the number of transistors on the most complex chips. The graph at the top shows this trend holds true today.
Density at minimum cost per transistor. This is the formulation given in Moore's 1965 paper. It is not just about the density of transistors that can be achieved, but about the density of transistors at which the cost per transistor is the lowest. As more transistors are put on a chip, the cost to make each transistor decreases, but the chance that the chip will not work due to a defect increases. In 1965, Moore examined the density of transistors at which cost is minimized, and observed that, as transistors were made smaller through advances in photolithography, this number would increase at "a rate of roughly a factor of two per year". Current state-of-the-art photolithography tools use deep ultraviolet (DUV) light from excimer lasers with wavelengths of 248 and 193 nm — the dominant lithography technology today is thus also called "excimer laser lithography" — which has enabled minimum feature sizes in chip manufacturing to shrink from 0.5 micrometer in 1990 to 45 nanometers and below in 2010. This trend is expected to continue into this decade for even denser chips, with minimum features approaching 10 nanometers. Excimer laser lithography has thus played a critical role in the continued advance of Moore's law for the last 20 years.
Hard disk storage cost per unit of information. A similar law (sometimes called Kryder's Law) has held for hard disk storage cost per unit of information. The rate of progression in disk storage over the past decades has actually sped up more than once, corresponding to the utilization of error correcting codes, the magnetoresistive effect and the giant magnetoresistive effect. The current rate of increase in hard drive capacity is roughly similar to the rate of increase in transistor count. Recent trends show that this rate has been maintained into 2007.
Network capacity. According to Gerry/Gerald Butters, the former head of Lucent's Optical Networking Group at Bell Labs, there is another version, called Butters' Law of Photonics, a formulation which deliberately parallels Moore's law. Butter's law says that the amount of data coming out of an optical fiber is doubling every nine months. Thus, the cost of transmitting a bit over an optical network decreases by half every nine months. The availability of wavelength-division multiplexing (sometimes called "WDM") increased the capacity that could be placed on a single fiber by as much as a factor of 100. Optical networking and dense wavelength-division multiplexing (DWDM) is rapidly bringing down the cost of networking, and further progress seems assured. As a result, the wholesale price of data traffic collapsed in the dot-com bubble. Nielsen's Law says that the bandwidth available to users increases by 50% annually.
Pixels per dollar. Similarly, Barry Hendy of Kodak Australia has plotted the "pixels per dollar" as a basic measure of value for a digital camera, demonstrating the historical linearity (on a log scale) of this market and the opportunity to predict the future trend of digital camera price, LCD and LED screens and resolution.
The great Moore's law compensator (TGMLC), generally referred to as bloat, and also known as Wirth's law, is the principle that successive generations of computer software acquire enough bloat to offset the performance gains predicted by Moore's law. In a 2008 article in InfoWorld, Randall C. Kennedy, formerly of Intel, introduces this term using successive versions of Microsoft Office between the year 2000 and 2007 as his premise. Despite the gains in computational performance during this time period according to Moore's law, Office 2007 performed the same task at half the speed on a prototypical year 2007 computer as compared to Office 2000 on a year 2000 computer.
Library expansion was calculated in 1945 by Fremont Rider to double in capacity every 16 years, if sufficient space were made available. He advocated replacing bulky, decaying printed works with miniaturized microform analog photographs, which could be duplicated on-demand for library patrons or other institutions. He did not foresee the digital technology that would follow decades later to replace analog microform with digital imaging, storage, and transmission mediums. Automated, potentially lossless digital technologies allowed vast increases in the rapidity of information growth in an era that is now sometimes called an "Information Age".
The Carlson Curve is a term coined by The Economist  to describe the biotechnological equivalent of Moore's law, and is named after author Rob Carlson. Carlson accurately predicted that the doubling time of DNA sequencing technologies (measured by cost and performance) would be at least as fast as Moore's law. Carlson Curves illustrate the rapid (in some cases hyperexponential) decreases in cost, and increases in performance, of a variety of technologies, including DNA sequencing, DNA synthesis and a range of physical and computational tools used in protein expression and in determining protein structures.
Although Moore's law was initially made in the form of an observation and forecast, the more widely it became accepted, the more it served as a goal for an entire industry. This drove both marketing and engineering departments of semiconductor manufacturers to focus enormous energy aiming for the specified increase in processing power that it was presumed one or more of their competitors would soon actually attain. In this regard, it can be viewed as a self-fulfilling prophecy.
As the cost of computer power to the consumer falls, the cost for producers to fulfill Moore's law follows an opposite trend: R&D, manufacturing, and test costs have increased steadily with each new generation of chips. Rising manufacturing costs are an important consideration for the sustaining of Moore's law. This had led to the formulation of "Moore's second law", aka Rock's law, which is that the capital cost of a semiconductor fab also increases exponentially over time.
Materials required for advancing technology (e.g., photoresists and other polymers and industrial chemicals) are derived from natural resources such as petroleum and so are affected by the cost and supply of these resources. Nevertheless, photoresist costs are coming down through more efficient delivery, though shortage risks remain.
Numerous innovations by a large number of scientists and engineers have been significant factors in the sustenance of Moore's law since the beginning of the integrated circuit (IC) era. Whereas a detailed list of such significant contributions would certainly be desirable, below just a few innovations are listed as examples of breakthroughs that have played a critical role in the advancement of integrated circuit technology by more than seven orders of magnitude in less than five decades:
Computer industry technology "roadmaps" predict (as of 2001[update]) that Moore's law will continue for several chip generations. Depending on and after the doubling time used in the calculations, this could mean up to a hundredfold increase in transistor count per chip within a decade. The semiconductor industry technology roadmap uses a three-year doubling time for microprocessors, leading to a tenfold increase in the next decade. Intel was reported in 2005 as stating that the downsizing of silicon chips with good economics can continue during the next decade,[note 1] and in 2008 as predicting the trend through 2029.
Some of the new directions in research that may allow Moore's law to continue are:
On 13 April 2005, Gordon Moore stated in an interview that the law cannot be sustained indefinitely: "It can't continue forever. The nature of exponentials is that you push them out and eventually disaster happens". He also noted that transistors would eventually reach the limits of miniaturization at atomic levels:
In terms of size [of transistors] you can see that we're approaching the size of atoms which is a fundamental barrier, but it'll be two or three generations before we get that far—but that's as far out as we've ever been able to see. We have another 10 to 20 years before we reach a fundamental limit. By then they'll be able to make bigger chips and have transistor budgets in the billions.
In January 1995, the Digital Alpha 21164 microprocessor had 9.3 million transistors. This 64-bit processor was a technological spearhead at the time, even if the circuit's market share remained average. Six years later, a state of the art microprocessor contained more than 40 million transistors. It is theorised that with further miniaturisation, by 2015 these processors should contain more than 15 billion transistors, and by 2020 will be in molecular scale production, where each molecule can be individually positioned.
In 2003, Intel predicted the end would come between 2013 and 2018 with 16 nanometer manufacturing processes and 5 nanometer gates, due to quantum tunnelling, although others suggested chips could just get bigger, or become layered. In 2008 it was noted that for the last 30 years it has been predicted that Moore's law would last at least another decade.
Some see the limits of the law as being far in the distant future. Lawrence Krauss and Glenn D. Starkman announced an ultimate limit of around 600 years in their paper, based on rigorous estimation of total information-processing capacity of any system in the Universe, which is limited by the Bekenstein bound.
One could also limit the theoretical performance of a rather practical "ultimate laptop" with a mass of one kilogram and a volume of one litre. This is done by considering the speed of light, the quantum scale, the gravitational constant and the Boltzmann constant, giving a performance of 5.4258*10^50 logical operations per second on approximately 10^31 bits.
Then again, the law has often met obstacles that first appeared insurmountable but were indeed surmounted before long. In that sense, Moore says he now sees his law as more beautiful than he had realized: "Moore's law is a violation of Murphy's law. Everything gets better and better."
Futurists such as Ray Kurzweil, Bruce Sterling, and Vernor Vinge believe that the exponential improvement described by Moore's law will ultimately lead to a technological singularity: a period where progress in technology occurs almost instantly.
Moore's law of Integrated Circuits was not the first, but the fifth paradigm to forecast accelerating price-performance ratios. Computing devices have been consistently multiplying in power (per unit of time) from the mechanical calculating devices used in the 1890 U.S. Census, to [Newman's] relay-based "[Heath] Robinson" machine that cracked the Lorenz cipher, to the CBS vacuum tube computer that predicted the election of Eisenhower, to the transistor-based machines used in the first space launches, to the integrated-circuit-based personal computer.
Kurzweil speculates that it is likely that some new type of technology (e.g. optical, quantum computers, DNA computing) will replace current integrated-circuit technology, and that Moore's Law will hold true long after 2020.
Seth Lloyd shows how the potential computing capacity of a kilogram of matter equals pi times energy divided by Planck's constant. Since the energy is such a large number and Planck's constant is so small, this equation generates an extremely large number: about 5.0 * 1050 operations per second.
He believes that the exponential growth of Moore's law will continue beyond the use of integrated circuits into technologies that will lead to the technological singularity. The Law of Accelerating Returns described by Ray Kurzweil has in many ways altered the public's perception of Moore's law. It is a common (but mistaken) belief that Moore's law makes predictions regarding all forms of technology, when it was originally intended to apply only to semiconductor circuits. Many futurists still use the term "Moore's law" in this broader sense to describe ideas like those put forth by Kurzweil. Kurzweil has hypothesised that Moore's law will apply – at least by inference – to any problem that can be attacked by digital computers as is in its essence also a digital problem. Therefore, because of the digital coding of DNA, progress in genetics may also advance at a Moore's law rate. Moore himself, who never intended his law to be interpreted so broadly, has quipped:
Michael S. Malone wrote of a Moore's War in the apparent success of Shock and awe in the early days of the Iraq War. Michio Kaku, an American scientist and physicist, predicted in 2003 that "Moore's law will probably collapse in 20 years". Following a trademark dispute in October 2012, however, the futurist Mark Pesce named his 52-LED ambient device (originally LightCloud) Moores Cloud in honor of Moore's law and the ubiquitous computing which it engendered.
Technological change is a combination of more and of better technology. A recent study in the journal Science shows that the peak of the rate of change of the world's capacity to compute information was in the year 1998, when the world's technological capacity to compute information on general-purpose computers grew at 88% per year. Since then, technological change has clearly slowed. In recent times, every new year allowed mankind to carry out roughly 60% of the computations that could have possibly been executed by all existing general-purpose computers before that year. This is still exponential, but shows the varying nature of technological change.
The exponential processor transistor growth predicted by Moore does not always translate into exponentially greater practical CPU performance. Let us consider the case of a single-threaded system. According to Moore's law, transistor dimensions are scaled by 30% (0.7x) every technology generation, thus reducing their area by 50%. This reduces the delay (0.7x) and therefore increases operating frequency by about 40% (1.4x). Finally, to keep electric field constant, voltage is reduced by 30%, reducing energy by 65% and power (at 1.4x frequency) by 50%, since active power = CV2f. Therefore, in every technology generation transistor density doubles, circuit becomes 40% faster, while power consumption (with twice the number of transistors) stays the same.
Another source of improved performance is due to microarchitecture techniques exploiting the growth of available transistor count. These increases are empirically described by Pollack's rule which states that performance increases due to microarchitecture techniques are square root of the number of transistors or the area of a processor.
In multi-core CPUs, the higher transistor density does not greatly increase speed on many consumer applications that are not parallelized. There are cases where a roughly 45% increase in processor transistors have translated to roughly 10–20% increase in processing power. Viewed even more broadly, the speed of a system is often limited by factors other than processor speed, such as internal bandwidth and storage speed, and one can judge a system's overall performance based on factors other than speed, like cost efficiency or electrical efficiency.
As CPU speeds and memory capacities have increased, other aspects of performance, such as memory and disk access speeds, have failed to keep up. As a result, those access latencies are frequently a bottleneck in system performance.
In processor design, out-of-order execution and on-chip caching and prefetching reduce the memory latency bottleneck at the expense of using more transistors and increasing the processor complexity. In software, operating systems and databases have their own finely tuned caching and prefetching systems to minimize the number of disk seeks, including systems like ReadyBoost that use low-latency flash memory. Some databases can compress indexes and data, reducing the amount of data read from disk at the cost of using CPU time for compression and decompression. The increasing relative cost of disk seeks also makes the high access speeds provided by solid-state disks more attractive for some applications.
Parallel computation has recently become necessary to take full advantage of the gains allowed by Moore's law. For years, processor makers consistently delivered increases in clock rates and instruction-level parallelism, so that single-threaded code executed faster on newer processors with no modification. Now, to manage CPU power dissipation, processor makers favor multi-core chip designs, and software has to be written in a multi-threaded or multi-process manner to take full advantage of the hardware. Many multi-threaded development paradigms introduce overhead, and will not see a linear increase in speed vs number of processors. This is particularly true while accessing shared or dependent resources, due to lock contention. This effect becomes more noticeable as the number of processors increases. Recently, IBM has been exploring ways to distribute computing power more efficiently by mimicking the distributional properties of the human brain.
While physical limits to transistor scaling such source to drain leakage, limited materials for gate metals, and limited material options for channel material have been reached, new avenues for continued scaling are open. The most promising of these approaches rely on using the spin state of electron spintronics, tunnel junctions, and advanced confinement of channel materials via nano-wire geometry. A comprehensive list of available device choices shows that a wide range of device options are open for continuing Moore's law into the next few decades. Spin-based logic and memory options are actively being developed in industrial labs as well as academic labs.
A negative implication of Moore's law is obsolescence, that is, as technologies continue to rapidly "improve", these improvements can be significant enough to rapidly render predecessor technologies obsolete. In situations in which security and survivability of hardware and/or data are paramount, or in which resources are limited, rapid obsolescence can pose obstacles to smooth or continued operations.
Because of the toxic materials used in the production of modern computers, obsolescence if not properly managed can lead to harmful environmental impacts.
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