We all know Moore’s Law
which states that the number of transistors on a chip doubles every 2 years. This explains the growth of computing power at an exponential rate. This type of growth is not confined only to processing power but can be found in other areas of technology. There’s Metcalf’s Law
which states the value of a network increases exponentially based on the number of nodes or users in the network. Then there’s Cooper’s Law
which states that the data capacity of wireless communications doubles roughly every two years. Then there’s Kryder’s Law
which states that the capacity of hard drives doubles every year – even faster than Moore’s Law.
This partially explains the advance of technology over the past 30 years. It’s not just the computation processing that has progressed but also the wireless, storage, and networking capabilities as well.