Interesting link on The Register to a report which concludes that Moore's law is losing it's practical application. Two main reasons:
- Chip speed increases are being driven my multiple cores not clock speed - and software design doesn't generally support the threading needed to exploit multi-cores.
- The econmics of sticking with Moore's law aren't working - as each new chip generation comes out chip-makers are seeing lower demand spikes - this means they are having to extend the generations to make the investment pay.
This chimes with what I'm seeing at the moment - making investments pay, rather than being at the cutting edge. Overall, probably a good thing for the corporate perception of the IT function.