Increases in computing power affect the whole chain - you're looking at the high end, where the limit of computing power is pushed but you also need to remember that computing power for a given cost increases across the whole spectrum of computing devices.
My phone can listen to what I say, translate it into French, and speak it back to me, albeit leveraging external compute power to do most of the heavy lifting. But it wouldn't be possible to provide that external compute power at scale 20 years ago.
I'm also sure that countless small innovations in bioinformatics add up collectively to significant changes over time, and those individual innovations are powered by the more broadly available increases in computing power.
My phone can listen to what I say, translate it into French, and speak it back to me, albeit leveraging external compute power to do most of the heavy lifting. But it wouldn't be possible to provide that external compute power at scale 20 years ago.
I'm also sure that countless small innovations in bioinformatics add up collectively to significant changes over time, and those individual innovations are powered by the more broadly available increases in computing power.