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Wow >> By the 50th anniversary of Moore’s Law in 2015, Intel estimated that the pace of innovation engendered by Moore’s Law had ushered in some $3 trillion in
by uptownfunk 4y ago
Wow
>> By the 50th anniversary of Moore’s Law in 2015, Intel estimated that the pace of innovation engendered by Moore’s Law had ushered in some $3 trillion in additional value to the U.S. gross domestic product over the prior 20 years. Moore’s Law had become the cornerstone of the semiconductor industry, and of the constantly evolving technologies that depend on it.
Critical to that engine of growth had been U.S. investment in basic research and STEM education, ten percent of the U.S. Federal Budget in 1968. By 2015, however, that had been reduced to a mere four percent. To Gordon, investment in discovery-driven science was another key impetus behind creating the Gordon and Betty Moore Foundation in 2000, especially in the context of a widening funding gap for something he recognized as critical to human progress.