In 1965 Gordon Moore, following current trends in technology, proposed that computing power would double every two years. This is better known as Moore's Law and unlike most projections, this one actually holds and it holds really well. Take a look:
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The numbers grow so quickly, some people think it can't possibly keep going like this for much longer but it looks like they are going to be proven wrong. Nanotechnology--or manufacturing at the atomic level--might just allow engineers to side step the nasty overheating and defect problems thought to be the Achilles' heel of the doubling pace. The new chips are due for release as early as 2010.
People sometimes put too little faith in the capacities of technology, thinking the best humanity can do is always right around the corner. But when it looks like even Moore's Law is going to hold out well into the next decade, one must consider these pessimists to be underestimating humanity's capacity for innovation rather than having a special insight into the human condition.
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