#AES #Bitcoin §65 1957 SEP 19: Eight Engineers Defected… From Fairchild Semiconductor, created their own startup, and pioneered integrated circuits. Simple at first, but the integrated circuits grew in complexity. In the fast-growing Silicon Valley, John Moore observed computing power doubling every eighteen to twenty-four months. The phenomenon later became known as Moore’s Law, and it is still happening. Knowledge is growing exponentially. We are approaching some kind of singularity.