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Comment Re:End of Moore's law means global depression (Score 1) 208

Given the current state of software, it would take one hell of a long time for the market to saturate; besides, one we move beyond fad, people buy things because they are useful or otherwise valuable to them. Increase the real value of the software and it won't matter whether the machine's not getting faster every year. Realistically, true computing power has plateaued, anyhow: the average computer buyer can do little that he couldn't do two years ago, the newest computer games notwithstanding. Much of what is being pumped into Silicon Valley has less to do with chip developments than with the web, software, and information services, and this trend is only likely to continue. We already live in an information- and services-based age and I see little reason to believe that the end of Moore's law should lead to global depression. Bandwidth, not processor speed, is the real issue.

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