1. **State the problem:** Find the value of $2^3 \times 2^0$. 2. **Recall the exponent rule:** When multiplying powers with the same base, add the exponents: $a^m \times a^n = a^{m+n}$. 3. **Apply the rule:** $$2^3 \times 2^0 = 2^{3+0} = 2^3$$ 4. **Evaluate:** $$2^3 = 2 \times 2 \times 2 = 8$$ **Final answer:** $8$