Chris Anderson noted that Moore’s Law has reached an important milestone. Intel’s Core Duo now costs a penny per MIPS. Moore’s Law is not only about density of transitors, it is also about their cost.
Chris speculates that this will lead to wastage. Like Tony Hung I feel that waste is too strong a word for this. This will make the technology available for more experiments leading to more innovation. Of course, a by product will be wastage out of failed experiments, but this is an encouraging aspect.
One of the better impacts will be that the factor of cost in technology adoption will get weaker. Having said that, I think cost of software has been increasing for the reason that it is finding more applications in business. Well, you can also look at it as investment when you have to keep a tab on the ROI. As software methodologies have evolved we have become better at the ROI, but even the investment has got more expensive. Open source plays a big role in adopting software in a quicker way, but if the effort is counted along with the money, the overall effort in adopting software is much higher compared to the hardware. The lion’s share in this is the learning curve for using software and using it the right way is the only way of getting the optimum ROI. Nothing louder than this can shout for software being simple to use, but without sacrificing functionality. As Einstein says, “Everything should be made as simple as possible, but not simpler.” This balance is the key to successful automation – the ultimate benefit of hardware and software both!