Back in 1965, a researcher by the name of Gordon E. Moore published an article titled Cramming more components onto integrated circuits in Electronics magazine.
- The future of integrated electronics is the future of electronics itself. The advantages of integration will bring about a proliferation of electronics, pushing this science into many new areas.
- Integrated circuits will lead to such wonders as home computers or at least terminals connected to a central computer, automatic controls for automobiles and personal portable communications equipment. The electronic wristwatch needs only a display to be feasible today.
Wall Street Journal technology columnist Michael S. Malone recently wrote about the 50th anniversary of the creation of what is now known as “Moore’s Law.”
- The great turning took place a decade ago, while we were all distracted by social networking, smartphones and the emerging banking crisis. Its breathtaking climb since tells us that everything of the previous 40 years—that is, the multi-trillion-dollar revolution in semiconductors, computers, communications and the Internet—was likely nothing but a prelude, a warm-up, for what is to come. It will be upon this wall that millennials will climb their careers against almost-unimaginably quick, complex and ever-changing competition.
- Moore’s Law has always induced de-massification: giant mainframe computers become smartwatches, giant vertically-integrated organizations are defeated by what Instapundit’s Glenn Reynolds has dubbed an “Army of Davids.”
- Rigid command-and-control structures in every walk of life, from corporations to governments to education, become vulnerable to competition by adaptive and short-lived alliances and confederacies. Now that process is going to attack every corner of society.
- Everything is now in play. Millennials face one of the greatest opportunities any generation has ever known: to completely remake the world through boundless digital technology.
As Jamie Notter and Maddie Grant point out in their book When Millennials Take Over, command-and-control structures are in jeopardy. So, perhaps are the basic nature of associations which started developing 100 years ago.