Roughly, it means that the amount of transistors on a chip and or the speed of chips increase every 1.5 - 2y... And with Silicon that has been doubled for a couple of decades, hence Silicon is nearing the end of its capabilities... Bye bye Silicon, enter GaAs & POET! Moore' Law can be extended with 50 years due to POET! That means the speed can keep increasing every two years, for 50 years!

Listen to these 3 videos about OPL

Interview with Peter Copetti & other management executives of OPL:

http://www.youtube.com/watch?v=W1n6DX1wQB4 Poet Presentation Part 1

http://www.youtube.com/watch?v=NH9yj3u5Nig Poet Presentation Part 2

http://www.youtube.com/watch?v=wv249NrEtkY Poet Presentation Part 3