Moore's Law

An assertion by Gordon Moore, who co-founded Intel in 1965. Moore's Law originally states that the number of transistors we can fit on a chip (or semiconductor) will double every eighteen months (and therefore so will the potential power of our machines). He later revised it to every two years. This law is generally accepted within the high-tech industry to illustrate that computers get drastically better each year, and become exponentially smaller and more powerful. 

Historical perspective: According to Wired.com, the limits of silicon have not been reached as of 2017. An IBM-led group of researchers has made a major breakthrough in transistor design that should allow even more transistors to be squeezed onto a single computer chip, which used to be no sure thing. Chipmakers have been struggling against the laws of physics to keep up with Moore's law. IBM's new process involves stacking newly designed silicon nanosheet layers on top of one another. New chips built with the design are expected to be roughly 40 percent more powerful than the current generation, smoothing the way for technologies like AI and superfast 5G internet.