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Supercomputer that simulates entire human brain will switch on in 2024
(www.westernsydney.edu.au)
This is a most excellent place for technology news and articles.
I've been hearing that quote about watches being more powerful since I was a child in the 80s. And I think it refers to processing speed - or even moreso, calculations per energy. Sure the watches may not have as much RAM/ROM, but they work fast enough to fully update every second, and do so using little enough power to last years on a coin cell.