To me, it looks more or less like the hardware designers have run out of ideas and that they're trying to pass the blame for the future demise of Moore's Law to the software writers by giving us machines that work faster only on a few key benchmarks!
Interpretation
This quote critiques the stagnation in hardware design and the shifting responsibility for performance improvement onto software developers.
Donald Knuth's quote reflects his concern that hardware designers have become uninspired in their innovations, leading to a reliance on software optimization to achieve performance gains. He suggests that rather than blaming software for limitations, the industry should focus on genuine advancements in hardware design to uphold Moore's Law, which posits that the number of transistors on a chip doubles approximately every two years, driving exponential growth in computing power.
In practice
In a tech conference while discussing the future of computing.
Computer programming is an art, because it applies accumulated knowledge to the world, because it requires skill and ingenuity, and especially because it produces objects of beauty. A programmer who subconsciously views himself as an artist will enjoy what he does and will do it better.
The hardest thing is to go to sleep at night, when there are so many urgent things needing to be done. A huge gap exists between what we know is possible with today's machines and what we have so far been able to finish.
An algorithm must be seen to be believed.
The process of preparing programs for a digital computer is especially attractive, not only because it can economically and scientifically rewarding, but also because it can be an aesthetic experience much like composing poetry or music.
People who are more than casually interested in computers should have at least some idea of what the underlying hardware is like. Otherwise the programs they write will be pretty weird.
Everyday life is like programming, I guess. If you love something you can put beauty into it.
We're already cyborgs. Your phone and your computer are extensions of you, but the interface is through finger movements or speech, which are very slow.
Usability is not everything. If usability engineers designed a nightclub, it would be clean, quiet, brightly lit, with lots of places to sit down, plenty of bartenders, menus written in 18-point sans-serif, and easy-to-find bathrooms. But nobody would be there. They would all be down the street at Coyote Ugly pouring beer on each other.
The key questions will be: Are you good at working with intelligent machines or not? Are your skills a complement to the skills of the computer, or is the computer doing better without you? Worst of all, are you competing against the computer?
Regardless of what the naysayers believe about human interaction and social media, the data show us that the abundance of technology is actually increasing the abundance of happiness all over the world.
People think 'big data' avoids the problem of discrimination because you are dealing with big data sets, but, in fact, big data is being used for more and more precise forms of discrimination - a form of data redlining.
The perfect example of Darwinism is what technology has done to businesses.
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