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Moore's law is the observation that the number of transistors in a dense integrated circuit doubles approximately every two years. Recent research suggests that certain technologies that were introduced over the past two centuries, including solar energy, exhibit very predictable rates of advancement, by becoming more efficient and cheaper at a steady rate. A study by two economists, J. Doyne Farmer and Francois Lafond, suggests that looking into past trends can, in some technological sectors, give us a glimpse of the future. To read more about the future cost of solar energy, go here.
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