The document discusses the history and future of power electronics design. It describes how power electronics has evolved from simple analog controls in the 1970s to highly complex digital controls today. Control complexity has increased dramatically due to Moore's law, driving major improvements in efficiency, power density, switching frequency, and reduced cost. The author predicts that in 20 years power converters will achieve over 99% efficiency, power densities over 1kW/inch3, switching frequencies over 10MHz, and costs below $0.01/Watt. The global power electronics industry is estimated to grow into a multi-trillion dollar market.