Growth in the Semiconductor Industry

The Semiconductor Industry is not only the driver in the Electronics Industry, the world's largest and fastest growing industry, but is also important in its own because of its size (100 B$ today, 1,000,000 people directly involved). The growth in this industry is three-fold: By 1998, sales will grow from 100 B$ today to over 200 B$, complexity will exceed 10 M gates per IC, and the innovation rate will have to grow to over twice the level of today. Growth in sales, increased complexity and shorter time-to-market pose new challenges to the design community. Do we have an answer to this?