Programmer Humor

critical difference here was also the consumption of oil. It’s gone down significantly since then as processes have moved to other materials and more efficient methods of manufacturing,

Do you have a source for that? Because this seems to suggest fossil fuel and oil demand might of roughly plateaued the last few years, the dip looks pretty welly correlated to Covid.

IPv4 addresses are a static pool, yes. But we're continually using them more efficiently, the same as Oil. The difference being that Oil has a limit on the amount of energy contained in its chemical bonds, but you could quite happily host 1,000 or 10,000 websites on a single server.