Moore's Law (related to technology in research)

Moore's Law is the observation that the number of transistors on a computer chip doubles approximately every two years, leading to increasingly powerful and efficient technology without a proportional increase in cost. This trend, identified by Gordon Moore in 1965, has driven rapid advancements in computing power, enabling smaller, faster, and more affordable devices. While not a physical law, it has historically guided industry growth and innovation, shaping the pace of technological progress in research and development.