During modern computing’s first epoch, one trend reigned supreme: Moore’s Law.

Actually a prediction by Intel Corp. co-founder Gordon Moore rather than any sort of physical law, Moore’s Law held that the number of transistors on a chip doubles roughly every two years. It also meant that performance of those chips—and the computers they powered—increased by a substantial amount on roughly the same timetable. This formed the industry’s core, the glowing crucible from which sprang trillion-dollar technologies that upended almost…

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