Moore refers to the concept known as Moore's Law, which predicts that the number of transistors on a microchip will double approximately every two years, leading to an increase in computing power and a decrease in relative cost. This observation was made by Gordon Moore, co-founder of Intel, in 1965 and has significantly influenced the growth of the technology industry. The implications of Moore's Law extend beyond just hardware improvements; it has driven innovation in software development, telecommunications, and consumer electronics. As a result, devices such as smartphones and computers have become more powerful and affordable, transforming how people communicate and access information.