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Son of a COBOL dev... All this virtualization mess, minus the extra Java layer, started back in the 90s, courtesy of Unisys. I remember my dad pulling his hair out when I was in High School, though I did not understand why back then.

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I think you get it now though. I've seen this whole industry up close for the last 40 years or so and it's absolutely incredible how we went from a machine with 32 M of RAM and 300 M of storage sufficient to serve 1400 branch offices of a bank to a phone with a very large multiple of that, that can barely serve a single user.

That is some thing that I can't stop thinking about. I get that banking software does more, like online banking, larger transaction volume, more account and loan types, but why is it that we can not run a small to medium bank on a single modern CPU and 1TB of memory?

Eye candy. Endless abstraction layers.

That phone does a lot more than the bank mainframe used to do.

> iphone hangs while trying to match "blu" up with "bluetooth settings"

So many background tasks, much computation

"Busy" and "useful" are entirely different things. Maybe all that extra capability would be better spent elsewhere.

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