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re: Does your website really need to be larger than Windows 95? VIEW POST

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re: This is due to the fact that we use high-level languages where CPU and RAM are totally abstracted.
 

When C came out it was considered a high-level language too. ;-) That aside, Haskell is very high-level and gets close to C performance (GHC compiles to machine code, has full type erasure like C or C++ etc). I think it has more to do with the fact that people got complacent and assumed that Moore's Law will work in their favor forever.

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