Which is why even Intel finally loves Linux on x86, finally, Duane [my opinion, not my employer Intel's].
AFA Moore's law, whether it was ever "true" or not, it sure drove a revolution we've all benefited from. I'm not sure whether Wright's correlation really means a whole lot, it's one of those "yeah, so?"s.
Gordon Moore caught the imagination of a generation of engineers, and the rest is history.
There's also Duane's law, which is corollary to the two-car garage syndrome. Even if not by name, many people are likely familiar with. It states that no matter how large your garage is, the amount of stuff you accumulate will fill it such that there is never more than just less then enough room required to put one car in.
That, by inference leads to Duane's law which postulates that no matter what the performance of your computer system, the operating system will lug it down to the point at which it performs at a level just slightly less than the first computer you ever owned. Unfortunately, Duane's law has a tendency negate the effects of Moore's law and presumably the others.
A physical law,according to the Oxford English dictionary, is "a theoretical principle deduced from particular facts, applicable to a defined group or class of phenomena, and expressible by the statement that a particular phenomenon always occurs if certain conditions be present."
John Nash received a Nobel Prize on game theory with lots of mathematical equations describing how humans interact. As engineers, let's not always look at things so black and white.
Moore's law might have been based on observation at first, but it has changed. It is now nothing more than an implicite objective followed by semiconductor companies. They adapt their efforts in order to reach this objective. If Moore's law has been "correct" for so long it is only because SC companies made it correct. I don't think it is of any statistical relevance nowadays.
Moore's law is not a law,people don't give a shit about it! it is a trend for the company to follow to make money which in this case flawed due to major miscalculation of not taking into account of the whole semiconductor eco-system.