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by jameshart 766 days ago
But you’re saying investing in multiplexing and compression was also dumb?
1 comments

Nope, I'm not
Then your overarching thesis is not very clear. Is it simply ‘don’t invest in hardware capital, software always makes it worthless’?
It's more like: don't invest $100B in capital when there's still orders of magnitude improvements in software to be made.