> 99% of the computing needs of 99% of the people can be met by the existing
You know, this phrase has been uttered so many times it became completely meaningless. Please define "Computing needs"?
If you had asked someone in the 50ies, they would have told you that the average person needs some help with adding the numbers for checkbook balancing. So a simple calculator should be enough, right? Nobody would have considered that people of 2000ies would deem it a worthwhile endeavour to use processing power that exceeds the computing power of the entire civilization in the 50ies by orders of magnitudes, simply for gaming.
Today people use a different frame of reference based on the applications they know today. The mistake is still the same.
Why do we need more of moores law?
- Right now everything is about the internet of things. Moores law is not only about transistor density, it is also about power. We need extremely low power computing. The trillion sensor revolution is not a joke. It is happening right now.
- We are still orders of magnitude away in computing power from anything required to make truely intelligent system. There are huge research projects right now, pushing the understanding of the human brain (the EU human brain project for example). If you want your fridge to be as intelligent as a dog, you may want it to have more computing power than your current pc or smartphone.