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This is a PIECE of Expert Opinion on what he thinks about present state of IT Industry from CEO Of AMD (Advanced Micro Devices)

Gordon Moore famously predicted that the number of transistors on a chip would double about every two years. For a generation of engineers, Moore's Law was the goal against which they measured success. How many transistors could you cram onto a single integrated circuit?

But now the time has changed. For many years, Moore's Law was the best barometer to describe computing technology's potential. More transistors translated into more computing functionality. Over time, however, in its endless pursuit of Moore's law, the IT industry increased transistor counts and lowered die sizes to the detriment of the chip design itself. The industry kept adding transistors, but didn't always design technology that was more useful or beneficial. The result was people paid for technology—in the form of more transistors—that they didn't want and didn't need.

Today, Moore's Law illustrates the age-old lesson that bigger is not always better. Think of it in terms of a painter who has a bigger and bigger canvas to work with each time, but keeps painting the same picture.

Moore's Law is still an important observation in terms of what it means for the economics of the semiconductor industry. The bigger canvas still has intrinsic value, especially when it doesn't come with a cost premium. But to treat Moore's Law as the guiding principle for semiconductor innovation is to be blind to the needs of today's technology consumers.

When inventor Bob Metcalfe needed to convince the world to adopt his Ethernet standard, he coined a maxim of his own. Metcalfe's Law states that the value of a network is proportional to the square of the number of users of the system. Metcalfe's Law puts people ahead of technology, and forces us to realise that technology is only as powerful as it is accessible. The network by itself is worthless. Only by having users successfully access it does it begin to hold value.
While Metcalfe's observation originated in telecommunications, it unquestionably holds important implications for the entire IT community, especially those of us in the semiconductor industry. What good is a 3 gigahertz computer sitting in classroom if the teacher is technology illiterate? How truly mobile is a laptop if it only has two hours of battery life or if its processor burns up 90 watts of power? How affordable are our servers if the cost in energy to run them begins to outstrip the cost of purchasing the servers themselves?