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Deconstructing the Computer Report of a Symposium (2005) / Chapter Skim
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I Proceedings: Introductory Remarks--Dale W. Jorgenson
Pages 1-7

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From page 3...
... Jorgenson, Chairman of the Board on Science, Technology, and Economic Policy (STEP) of the National Research Council, welcomed those assembled for the day's symposium, "Deconstructing the Computer," the second in a series of STEP Board-sponsored meetings devoted to "Measuring and Sustaining the New Economy." This project focuses on the role of information technology (IT)
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From page 4...
... Jorgenson proposed summarizing the major findings of that initial conference as a way of providing a context for the day's meeting. To highlight the speed of technological change prevailing in the semiconductor industry, he cited an analogy formulated in 1998 by Gordon Moore, Chairman Emeritus of Intel Corporation: "If the automobile industry advanced as rapidly as the semiconductor industry, a Rolls-Royce would get half a million miles per gallon, and it would be cheaper to throw it away than to park it." Dr.
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From page 5...
... Jorgenson displayed a chart that contrasts industry predictions for the increase in miniaturization of semiconductor feature size with the advances actually realized (see Figure 3)
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From page 6...
... International SEMATECH roadmap posits that it will continue to hold at least through 2007.1 "Moore's Law accelerated," he observed, "and that is precisely what produced the sharp increase in the rate of decline of prices." Stressing the significance of this link, Dr. Jorgenson proposed as a goal for the symposium the generation of a series of similar road maps, each covering a different component of computer prices.
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From page 7...
... Jorgenson praised the agency for its pioneering use in 1985 of a price index for computers. This index, he noted, would be discussed in detail by the panel's first speaker, Jack Triplett of the Brookings Institution.
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Key Terms

  • jorgenson proposed
  • jorgenson explained
  • automobile industry
  • memory chips
  • logic chips

  • feature size
  • computer prices
  • engineering management
  • contrasts industry
  • scale indexes

  • price decline
  • major findings
  • actually realized
  • technology research
  • price indexes

  • chosen information
  • similar study
  • million miles
  • logarithmic scale
  • opposite direction

  • commonly referred
  • technology underlying
  • change prevailing
  • technology roadmapping
  • performance targets

  • value added
  • computer price
  • alternative technology
  • price trends
  • latter half


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