What is different now from the past, is more evolved AI. Thats a new ball game.
AI is a chance at the huge rewards of reducing the cost and quality of the human component in many things, but particularly in IT itself.
Comparing now against past patterns has limits. Yes its a weird world out there ATM, but spending on IT is historically uniquely attractive ATM.
Bang for hardware buck & per watt, has sure improved radically, but that power can also be utilized toward the nirvana of reducing human costs.
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