> the entire world circa 1970.

About then was the IBM 360/91 with a 60 nanosecond cycle time. So, that would be a clock speed of

     1/ ( (60)/(10^9) ) 

     = (10^9) / 60

     = 10^7 (100 / 60 )

     = 10^7 (10 / 6 )

     = 10^7 (1.66)

     1.66 (10,000,000)

     16.66 (1,000,000)

     = 17 Mhz

Now we can have clock frequencies of 4 GHz, that is

     4000/17 = 235

times faster. And we can have 16 cores instead of 1 for

     (16)(4000) / 17 = ~4000

times faster. "entire world"?