What is Moore's Law?

Moore's Law refers to the observation made by Gordon Moore, co-founder of Intel, that the number of transistors on a microchip doubles approximately every two years, leading to an increase in computational power and a decrease in relative cost. This principle has been a driving force in the semiconductor industry, influencing the pace of advancements in technology, such as processors becoming faster and more efficient while also becoming more affordable.

This trend highlights the exponential growth of computing capabilities, which has significant implications for software development, artificial intelligence, and various applications in computer science. The continuous doubling of transistors enhances the capability for processing complex data and running sophisticated algorithms, thus facilitating advancements in technology across multiple domains.

In contrast to the other choices, the incorrect options do not accurately capture the essence of Moore's Law. For instance, the assertion regarding the speed of all computers doubling every year is an oversimplification and does not align with the specific focus on transistor density. Similarly, the ideas about the decreasing efficiency of computers or constant computing power over a decade do not reflect Moore's original observation or its implications in the tech industry. The statement accurately represents the ongoing trend in chip development and its broader impact on technology.