Photoelectric Effect
In another paper published in that same year, Albert Einstein undermined the very foundations of classical electromagnetism. His theory of the photoelectric effect (for which he won the Nobel prize for physics) posited that light could exist in discrete particle-like quantities, which later came to be known as photons. Einstein's theory of the photoelectric effect extended the insights that appeared in the solution of the ultraviolet catastrophe presented by Max Planck in 1900. In his work, Planck showed that hot objects emit electromagnetic radiation in discrete packets, which leads to a finite total energy emitted as black body radiation. Both of these results were in direct contradiction with the classical view of light as a continuous wave. Planck's and Einstein's theories were progenitors of quantum mechanics, which, when formulated in 1925, necessitated the invention of a quantum theory of electromagnetism. This theory, completed in the 1940s, is known as quantum electrodynamics (or "QED"), and, in situations where perturbation theory is applicable, is one of the most accurate theories known to physics.
Read more about this topic: Electromagnetism
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