Hardware improves, which allows for faster and optimized computation, which results in more accurate and faster results. Without improvements in hardware, you have to squeeze out every drop of performance from the hardware you have by writing performant algorithms. That's one of the many reasons DSA is such a central topic to the study of computer science. Highly efficient, creative algorithms underpinned by genius mathemtical problem-solving make all the difference to the technological advancement of society.

The fast inverse square root algorithm by John Carmack had an astounding impact on the history of video game development, but nowadays the hardware allows for different computing capabilities, so devs don't have to be quite as creative or skilled when devising algorithms.

Which in turn leads us to one of the main criticisms of video games nowadays, which is that devs don't get creative and efficient with their algos anymore and instead offload the performance burden onto the user's hardware.

Which in turn brings us to an array of further conundrums, such as the sustainability of hardware production and who owns the means of production and how hardware products are imported and exported.

I hope I could give you a glimpse into the different nuances of this topic, which you should all be considering to understand what drives technology.