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Did we slash R&D budgets once we standardized on the X_86 instruction set thus needing less compiler devs? Did we slash R&D budgets when we moved from on prem to cloud hosting? We have seen this happen many times before, we know the economics. Decreasing cost/feature is synonymous with increasing productivity. We know that a 1x increase in productivity results in a very large increase in the numbers of features that become feasible.

There isn’t some fixed factor here that causes it all to collapse. Productivity increases are plowed into growing the market 10x and building the business, not reducing eng budgets. At some point in the future this will slow down, but that is so far from happening, like many decades from now, maybe never in a non theoretical sense.

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