In his book "The New New Thing: A Silicon Valley Story," Michael Lewis highlights the implications of Moore's law, which observes that computing power increases exponentially over time. This rapid advancement suggests that technology is in a constant state of flux, leading to the idea that what is considered cutting-edge can quickly become outdated. As a result, the high-tech landscape is always evolving, where innovation drives obsolescence.

This phenomenon impacts various aspects of society, emphasizing that companies and individuals must continuously adapt to remain relevant. The need for ongoing innovation fosters a culture of constant change, compelling businesses to keep up with the latest developments or risk falling behind in a competitive environment.