What comes next?

Link: Intel's Fundamental Advance in Transistor Design Extends Moore's Law, Computing Performance. Here Intel discusses why Moore's law continues to rock n' roll. What this means is clearly that the trend toward cheaper and cheaper CPU cycles remains as robust as ever.

BUT, the more interesting question is what will cheap cycles mean to businesses of all types? IBM discusses the need for business model innovation (BMI) in the advertising industry here. The general takeaway, however, is that BMI is likely to drive growth across industry sectors. The availability of cheap CPU cycles is the engine that will drive the innovation.

The mantra of "innovate or die" will drive the legal industry, medicine and the mom and pop cleaners down the road. It is at the intersection of Silicon Valley and main street where the next engine of growth will emerge...the results are (as ever) likely to surprise us in novel ways.