I like the gist of the article, but the conclusion sounds like 20/20 hindsight.
All the elements were there, and the author nails it, but maybe the right incentive structure wasn't there to create the conditions to make it able to be done.
Between 2010 and 2015, there was a genuine feeling from almost all industry that we would converge to massive amounts of data, because until this time, the industry had never faced a time with so much abundance of data in terms of data capture and ease of placing sensors everywhere.
The natural step in this scenario won't be, most of the time, something like "let's find efficient ways to do it with the same capacity" but instead "let's invest to be able to process this in a distributed manner independent of the volume that we can have."
It's the same thing between OpenAI/ChatGPT and DeepSeek, where one can say that the math was always there, but the first runner was OpenAI with something less efficient but with a different set of incentive structures.