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Moore’s Law has been at the forefront of the computer industry, a mantra repeated by everyone to explain the inevitable forward progress of computing power. However it turns out Moore’s statement was quite as all encompassing as this. From an article by Ikka Tuomi on FirstMonday reveals the history behind Moore’s Law and how it’s interpretation evolved over the last 40 years.

“In its original form Moore’s Law, then, says that the number of components on chips with the smallest manufacturing costs per component doubles roughly every 12 months… From an economic point of view, Moore’s Law was a rather fascinating law. It implied that the development of integrated circuits was completely determined by manufacturing costs. Moore’s Law, therefore, defines a completely new economy. In this economy, demand is infinite.”