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Comment on The Principle of Computational Equivalence

Wildcat Mon, Dec 24, 2007
The difference will eventually be (actually has always been) a difference of speed, the ability to compute faster what everybody else can compute anyway.

yes, this particular statement raises a number of questions, chief amongst which is the following:
isn't it the case that an increase in speed (quantity) eventually allows a difference in quality? (quality I take here to mean understanding or pattern recognition)
again I am not certain i understand Wolfram's paradigm accurately, however, by analogy, isn't an increase in speed tantamount to an increase in the amount of information processed per a given amount of process of/in time?
if (and thats a great if here) we can increase the speed of computation by a factor equal or greater than the speed of production of information in the universe, doesn't that imply that we can theoretically "understand the universe? and us in the process?