> I've started to realize that many people have been holding on of building things waiting for "that next big update"
I’ve noticed this too — I’ve been calling it intellectual deflation. By analogy, why spend now when it may be cheaper in a month? Why do the work now, when it will be easier in a month?
Moores law became less of a prediction and more of a product road map as time went on. It helped coordinate investment and expectations across the entire industry so everyone involved had the same understanding of timelines and benchmarks. I fully believe more investment would’ve ‘bent the curve’ of the trend line but everyone was making money and there wasn’t a clear benefit to pushing the edge further.