Moore's law, which states that CPU performance doubles every 18 months, has now gone the way of the dodo. At least, that's the case according to NVIDIA VP Bill Dally in this guest column for Forbes. According to Bill, we've reached the limit of what is possible with serial CPUs.
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Dally wants to call us forward into parallel processing. He blames the death of Moore's law on the end of power scaling. Moore initially predicted that the amount of energy consumed by processors would decrease as the number of transistors increased. The end of constant CPU performance gains poses a major threat to the industry.
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Parallel computing is the only way out that Dally can see. That means a future filled with computers that use multiple efficient processing cores. Using traditional multi-core construction won't work. We need to use cores optimized for energy efficiency, instead of serial performance. While this would represent a massive shift for the industry, Dally doesn't see any other way out.