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taw comments on Open Thread: October 2009 - Less Wrong
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Average doesn't seem important at all. Also systemic bias - would you seriously argue that if a top rated movie from 1930s came out today (with just refurbished technology and such trivia) it would still be a hit? I find this nearly impossible.
A dropping average suggests (massively) diminishing returns.
And as far as remakes and sequels go? Well, you tell me...
I doubt computational power of an average chip is much higher than in 1970s. Ones on the top are ridiculously better, but at the same time we had explosion in number of really simple chips, so quite likely average isn't much better. Or at least median isn't much better. Does it imply lack of progress? (don't try to find numbers, I might be very well proven wrong, it's just a hypothetical scenario)
I think that analogy would be more insightful if you replaced the entries with 'supercomputers' and 'the TOP500'.