"An IBM researcher says Moore's Law is running out of gas. 
IBM Fellow Carl Anderson, who oversees physical design and tools in its server 
division, predicted the end of continued exponential scaling down of the size 
and cost of semiconductors...
"There was exponential growth in the railroad industry in the 1800s; there was 
exponential growth in the automobile industry in the 1930s and 1940s; and there 
was exponential growth in the performance of aircraft until [test pilots 
reached] the speed of sound. But eventually exponential growth always comes to 
an end," said Anderson. 
A generation or two of continued exponential growth will likely continue only 
for leading-edge chips such as multicore microprocessors, but more designers 
are finding that everyday applications do not require the latest physical 
designs, Anderson said. 
Consequently, Moore's Law--halving of the dimensions and doubling of speed of 
chips every 18 months--will run out of steam very soon. Only a few high-end 
chip makers today can even afford the exorbitant cost of next-generation 
research and design, much less the fabs to build them. 
Anderson cited three next-generation technologies that were still on the fast 
track for exponential growth: optical interconnects, 3-D chips and 
accelerator-based processing. He predicted that rack-to-rack optical 
interconnects will become commonplace, with chip-to-chip optical connections on 
the same board coming soon. But Anderson said on-chip optical signaling remains 
years away. He also predicted that stacked DRAM dies would be the first to go 
3-D.
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