While the GP is seeing collusion where there are only aligned incentives, you are not getting some of the point of Moore&#x27;s Law.<p>The thing is, most industries begin with a short period of super-exponential improvements, most of what happen in the lab before the products even get sold. In just a few years, the industry is mature, and further improvements happen in a much slower rate.<p>Semiconductor industry is different. Because of economical factors, it couldn&#x27;t have that super-exponential beginning, and had to slow down for decades of merely exponential growth. (It also may had the biggest rate of mature&#x2F;immature efficiency we&#x27;ve ever seen - but that&#x27;s another thing.)