Due to improved efficiency over the years, transistors now require much less silicon to make, and ...

In virtually all areas of technology, improvements to efficiency are one of the key focuses for the ongoing march of progress. Over time, products are developed iteratively to use less energy, cram more power into smaller devices, and need less materials to make them. But a new study from MIT has put a centuries-old economic theory of efficiency and resource consumption to the test on modern technology – and in almost all cases, the benefits of reducing required resources is cancelled out by the increase in consumer demand for them.

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