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I see it from the supply side, the supply of computing power. And this is the miracle story of the microprocessor, where every two and a half years they can make a computer chip that’s twice as fast. If you look at an industry where you have such a rapid increase in supply, usually that’s pretty bad, like when radial tires were invented, people didn’t start driving their cars a lot more, and so it means the need for production capacity went way down, and things got all messed up. The tire industry is still messed up.

– Bill Gates