Google's co-founder Sergey Brin sent a message to investors following the results of 2017, in which he noted that the demand for powerful computers used for the mining cryptocurrencies became one of the main factors of the "computing boom". This is reported by Coindesk.
According to Brin, several factors contributed to the surge of computer technologies around the world. Firstly, it is the "steady hum of Moore's law", according to which the number of transistors placed on an integrated circuit chip doubles every 24 months.
The second factor was the growth in demand for high-performance computers with powerful video cards for games and, "surprisingly, from the GPU-friendly proof-of-work algorithms found in some of today's leading cryptocurrencies, such as Ethereum." Brin said.
However, according to the co-founder of Google, none of these factors has become important. So, the most important role in the "computing boom" was played by machine learning and using the large amounts of data technologies necessary for the development of artificial intelligence systems that are able to drive cars, recognize faces or translate texts without human participation, Brin believes.