You want Moore? You can only get half .... says Demi Moore!!
" processing power of microchips will double every 18 months." - Moore's law
The S curve is used to depict how innovative technology takes time to "take off". This can be related to an intreresting theory by Bhaskar Chakravorti, a Harvard lecturer, the theory states...
"Technology's impact in the market will most likely proceed at only half the speed predicted by Moore." - That's demi-Moore's Law'
The rate of adoption of technology lags behind the pace of the actual technological advances because players on the demand side and the supply side are sitting on the fence and waiting to see what other players will do.