Emergic: Rajesh Jain's Blog

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Ten Laws Of The Modern World

April 28th, 2005 · No Comments

Forbes has a list. Among them:

The Back Side of Moore’s Law. This one says that digital stuff gets 30% to 40% cheaper every year–at the same performance point. The back side of Moore’s Law is why your $299 Treo 650 is as powerful as a $3,500 Compaq PC was in 1988. It’s why hundreds of millions of Chinese and Indians now own their personal portals to the global economy.

Gilder’s Law: Winner’s Waste. The futurist George Gilder wrote about this a few years ago in a Forbes publication. The best business models, he said, waste the era’s cheapest resources in order to conserve the era’s most expensive resources. When steam became cheaper than horses, the smartest businesses used steam and spared horses. Today the cheapest resources are computer power and bandwidth. Both are getting cheaper by the year (at the pace of Moore’s Law). Google (nasdaq: GOOG – news – people ) is a successful business because it wastes computer power–it has some 120,000 servers powering its search engine–while it conserves its dearest resource, people. Google has fewer than 3,500 employees, yet it generates $5 billion in (current run rate) sales.

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