Information Flood
Moore’s Law original graph
From The New York Review of Books:
According to Gleick, the impact of information on human affairs came in three installments: first the history, the thousands of years during which people created and exchanged information without the concept of measuring it; second the theory, first formulated by Shannon; third the flood, in which we now live. The flood began quietly. The event that made the flood plainly visible occurred in 1965, when Gordon Moore stated Moore’s Law. Moore was an electrical engineer, founder of the Intel Corporation, a company that manufactured components for computers and other electronic gadgets. His law said that the price of electronic components would decrease and their numbers would increase by a factor of two every eighteen months. This implied that the price would decrease and the numbers would increase by a factor of a hundred every decade. Moore’s prediction of continued growth has turned out to be astonishingly accurate during the forty-five years since he announced it. In these four and a half decades, the price has decreased and the numbers have increased by a factor of a billion, nine powers of ten. Nine powers of ten are enough to turn a trickle into a flood.
Gordon Moore was in the hardware business, making hardware components for electronic machines, and he stated his law as a law of growth for hardware. But the law applies also to the information that the hardware is designed to embody. The purpose of the hardware is to store and process information. The storage of information is called memory, and the processing of information is called computing. The consequence of Moore’s Law for information is that the price of memory and computing decreases and the available amount of memory and computing increases by a factor of a hundred every decade. The flood of hardware becomes a flood of information.
In 1949, one year after Shannon published the rules of information theory, he drew up a table of the various stores of memory that then existed. The biggest memory in his table was the US Library of Congress, which he estimated to contain one hundred trillion bits of information. That was at the time a fair guess at the sum total of recorded human knowledge. Today a memory disc drive storing that amount of information weighs a few pounds and can be bought for about a thousand dollars. Information, otherwise known as data, pours into memories of that size or larger, in government and business offices and scientific laboratories all over the world. Gleick quotes the computer scientist Jaron Lanier describing the effect of the flood: “It’s as if you kneel to plant the seed of a tree and it grows so fast that it swallows your whole town before you can even rise to your feet.”