> It's not like there is a breakthrough in mathematics (statistics) right? The theory probably has been around for ages but is only now becoming practical.
That's absolutely correct. But to pooh pooh it on those grounds is like pooh-poohing the fourier transform around the 70s (which theory had been around for 200 years) and only had then "become practical" with the advent of transistor-based computer. Now the FT and relatives are used in everything from audio processing and compression, image filters, statistical analysis, pretty much every form of scientific spectroscopy, MRIs, etc. If you had generally made investments in "FT-related technologies" you'd be doing well.
That's absolutely correct. But to pooh pooh it on those grounds is like pooh-poohing the fourier transform around the 70s (which theory had been around for 200 years) and only had then "become practical" with the advent of transistor-based computer. Now the FT and relatives are used in everything from audio processing and compression, image filters, statistical analysis, pretty much every form of scientific spectroscopy, MRIs, etc. If you had generally made investments in "FT-related technologies" you'd be doing well.