Capital Markets Summer 2020
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The New Moore’s Law Accelerating Innovation
• The dynamic of Moore’s Law increased transistors per integrated circuit from 64 in 1965 to 8.5 billion in today’s smartphones and in the process dramatically changed our lives • Today, key technologies are growing even faster than Moore’s Law, implying even more change in the coming decades than we have ever witnessed
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Growth Rates Characterized by Time to Double
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24 Months
Slower Growth
Artificial intelligence is growing extremely quickly
18 Months
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3 Months
Faster Growth
Moore's Law / Transistors DNA sequencing
Artificial Intelligence
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Source: Intel, Alger, OpenAI. Doubling time refers to length of time that it takes for number of transistors per integrated circuit, number of DNA Mb sequenced per dollar, and the amount of compute or “training” utilized by AI programs to double. Evaluation periods vary.
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