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Alias Born 02/06/2001

Re: Ace Hanlon post# 13908

Saturday, 08/10/2002 9:56:46 AM

Saturday, August 10, 2002 9:56:46 AM

Post# of 704041
George, again I fully agree with you.

I think Moore's law has caught on with tech, not in the sense that it has reached its limits (it has not), but in the sense that we are starting to run out of compelling applications to exploit the extra computing power. The telecom disaster is a prime example of how extraordinary increases in bandwidth at relatively low cost caused the collapse of an industry. The yawns that greet the additional gigaherz on Intel processors while everybody gets by fine with last year's processor is another. IBM, the inventor of the hard disk technology, selling its disk business at a loss is yet another. And the worldwide competition in tech is murderous.

Right now I think the energy and utilities disaster area has the potential of easily outperforming tech. There is no Moore's law for energy production.

Kyros


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