For 50 years, Moore’s Law has reliably described exponential advances in silicon speed, power and functionality. But with the cost per transistor rising for the first time in history, we’ve entered an era of diminishing returns.
We need to get smarter about hardware and software innovation in order to get the most value from the emerging Internet of Things. And perhaps the smart thing to do is to hit “pause” on the half-century race to cram ever more transistors onto a single slice of silicon.