In 2005, Gordon Moore acknowledged, ‘there is a limit to Moore’s Law’. Back in 1934, Arnold Beckham, after inventing a device to measure acidity levels, the pH meter, founded Beckham instruments. In 1955, Beckham Industries agreed to create a subsidiary company that would specialize in creating semiconductors. However, management at the semiconductor company lacked leadership, antagonized employees and ignored their collective inquiries. Poor dysfunctional top-down command and control management does not substitute for competence instead it generates deleterious effects as the consequences of benign neglect and disinvestment. Therefore, Gordon Moore, Shelton Roberts, Eugene Kleiner, Robert Noyce, Victor Grinch, Julius Blank, Jean Hoerni, and Jay Last directly appealed to Arnold Beckham to appoint an intermediary to resolve differences. When Beckham sided with management they decided to leave. In 1957, joining Sherman Fairchild, Arthur Rock, Gordon Moore, Shelton Roberts, Eugene Kleiner, Robert Noyce, Victor Grinch, Julius Blank, Jean Hoerni, and Jay Last formed Fairchild Semiconductor, as a subsidiary of Fairchild Camera and Instrument. Fairchild Camera and Instrument had several military contracts and Fairchild Semiconductor eventually help create the 20th century electronic revolution. Stellar alumnus of Fairchild Semiconductor became prominent engineering pioneers founding companies like EMS, Teledyne and Intel Corporation. Beginning in 1965, while still at Fairchild Semiconductor, Gordon Moore wrote, “Cramming more components onto integrated circuits” in Electronics magazine. In his 1965 article, Gordon Moore observed that 60 components on a single quarter-inch semiconductor would eventually be 65,000 components on a single quarter-inch semiconductor by 1975. Doubling every year within one decade 1965 to 1975. After 1975, Gordon Moore modified his observation projecting complexity would double every two years instead of every year. Chips cost went from several dollars to micro-cents.
At the same time in the 1970’s The Farmers Almanac playing on Alexander Pope’s 18th century quote ‘to err is humane , to forgive Divine’ The Farmers Almanac printed, ‘to err is human, too really mess up you need a computer.’
Not a physical or natural law, Moore’s law is an observation of projections concerning electronic components. In 2005, Gordon Moore stated that the projections extrapolated from Moore’s Law are limited and cannot go on forever without entering into chaos. In other words, there is a limit in the progress that technology alone can provide increasing the latent period between breakthroughs,along with increasing production costs. Beyond Moore’s Law, the future of business will also involve people and the relationships people develop beyond technology. Future business growth will depend on other factors beyond just technological advances. Dynamic emergent leadership, the processes and procedures created will also have an impact on real world profitable sustainable growth results.