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A lot in tech is driven by technological hardware progress: Cpu‘s faster, storage faster and bigger, network pipes thicker and more ubiquitous, power requiremen
by heisenbit 2y ago
A lot in tech is driven by technological hardware progress: Cpu‘s faster, storage faster and bigger, network pipes thicker and more ubiquitous, power requirements lower. This progress has slowed down in the past decades creating fewer opportunities to put incremental innovation on a self rising pedestal. Today‘s hyperconnected and more centralized global economy makes it even harder - there are fewer markets and medium to large sized buyers.
AI has some advantages still on the scaling and basic hardware optimization side but even there it seems hard to monetize reliably innovation.