I think both phrases are floating signifiers in practice.
(Yes, I know the original saying is that “in theory there is no difference, but in practice there is”… but this worked better in the context, which I guess, in some ways, also makes the same point).
nodejs' main binary on my laptop is 44 MiB.
The Apollo Guidance Computer (AGC) we put a man on the Moon with could do 4 kilo instructions per second and 0.43 megaflops and had 2KB of RAM. Apple watch is roughly 900x as fast as the AGC while being being .67 x as large and less than 1% of the weight.
Vs the PC Jr, it's almost 2000x the size of an Apple watch and like 150x heavier.
In 2013 I bought Galaxy Gear which was one of the first smartwatches and even that one had 512 MB RAM. PC Jr. had a 64 KB RAM base in comparison.
And that is considered very affordable chip.