There was a time where increased clock speeds, or more generally increased processor throughput was important. I can remember when computers were slow, even for things like browsing the web (and not just because internet connection speeds were slow), and paying more for a new faster computer made sense. I think this time period may well have lasted roughly until the "GHz era" or thereabouts, after which even the cheapest, slowest, computers were all that anybody really needed, except for gamers where the the solution was a faster graphics card (which eventually lead to GPU-computing and the current AI revolution!)
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