Despite many claims that someone has come up with technology that will kill it, Moore’s law is 44 today and still going strong.
On April 19, 1965 Gordon Moore published a four-page analysis of the integrated-circuit business, in which he correctly predicts that chip complexity will regularly double for the foreseeable future.
Unlike many tech industry predictions Moore’s Law turned out to be basically correct. It became a mantra for those who felt that electronics had some evolutionary destiny.
Actually it evolved several times itself over the years. In Moore’s orginal paper it referred to the number of transistors that could be cost-effectively produced on a single integrated circuit. He optimistically predicted that this number would double every year.
Later, he changed this to doubling every two years, which fits the long-term trend more closely and turned out to be correct.
Moore’s Law claims that the cost of computing power gets cut in half roughly every two years. When he wrote that in 1965 paper he correctly foresaw that one day computers would some day be so common they’d be sold in department stores.