Larry Page (Google's founding CEO) knew it back in 2007

"When AI happens, it's going to be a lot of computation and not so much clever Blackboard, whiteboard kind of stuff, clever algorithms, but just a lot of computation.

My theory is that if you look at your programming, your DNA, it's about 600 megabytes compressed, so it's smaller than any modern operating system, smaller than Linux or Windows or anything like that, your whole operating system. "

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From "Google TechTalks" YT channel (link in comment)