I work in IT and there is a case to be made on needing new computers/phones every 5-8 years. that's when you truly see software out pace hardware. Even then though with so much processing being done in the cloud there's no longer a real hard case for that either anymore
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Exactly, I noticed that too. Most of the things I do today are actually in the cloud. It’s interesting to see how things will turn out, maybe in the future we will all use screens connected to the internet. No need for good hardware if you have a high speed internet connection, but again, we have to build more decentralized solutions so no big corporation can mess with your browsing.