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Explanation:
In Moore's law it is stated that number of transistors which can be placed in a square inch on an integrated chip would be doubled in every 18 months. This exponential doubling of computing power every 18 months has held true, more or less. The result is a computing industry that has also grown exponentially. Integrated circuits lead to the development of microcomputers.
In the case of pulp wood trees; as pulp wood trees are inputs in the production of paper. Moores law implies that more and more content will be stored digitally, and there will be less printed material produced. Consequently, the demand for paper will fall. The farmer recognizes that the value of his trees will decline over time as there is less demand for paper, so he decides to use his land to produce a product with a projected value.
Using system thinking, we use Moore's Law to show that the farmer after realising that value of trees will decline, will have to use the land for another product with projected value.
What is Moore's Law?
Moore's Law actually states that the number of transistors on a microchip usually doubles every two years. Gordon Moore was known as the co-founder of Intel. It was an observation he made.
The farmer will dig up his pulpwood field knowing that as more and more content will be stored digitally, there will be a decline in the use of paper. So, there is the need to use the land for another thing.
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