According to Moore's Law, the price of computing power is slashed in half every two years — which helps explain why personal computers become outdated so quickly. But now, as Paul Krugman at The New York Times notes, the solar energy industry is experiencing a similar trend. The price of producing solar power continues to fall — thanks to technological improvements and heavy subsidies in countries like China — and this onetime punchline of an energy sector continues to expand.
Moore's Law, the observation that the number of transistors that can be placed on an integrated circuit has doubled every two years, explains the exponential growth in computing power that enables all the innovation we web-heads lov... Read Post
Here Comes the SunPaul Krugman, November 6, 2011 (NY Times)"…Moore’s Law — in which the price of computing power falls roughly 50 percent every 18 months — has powered an ever-expanding range of applications, from faxes to Facebook…... Read Post