"Every 18 months, the cost of computing will drop by 50% as computing-processing power doubles." The statement is known as
A) Metcalfe's law
B) Arrows' law
C) Clark's law
D) Moore's Law
E) Santayana's law

Question

"Every 18 months, the cost of computing will drop by 50% as computing-processing power doubles." The statement is known as 
A) Metcalfe's law
B) Arrows' law
C) Clark's law
D) Moore's Law
E) Santayana's law

Quizplus · Accepted Answer

The statement is known as Moore's Law, which was formulated by the co-founder of Intel, Gordon Moore, in 1965. It predicts that the number of transistors on a computer chip will double every 18-24 months, resulting in a reduction in the cost of computing and an increase in processing power. This law has held up remarkably well for over five decades, driving innovation in the technology industry and transforming the way we live and work.

"Every 18 Months, the Cost of Computing Will Drop by 50