Linux was called 'obsolete' in 1992, and now it powers servers around the world
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RISC literally just means reduced instruction set architecture. Any CPU that has a small amount of instructions (defined somewhat arbitrarilly) is considered to be a RISC CPU as opposed to a CISC (complex instruction set architecture) CPU. The idea behind RISC is to improve performance by reducing bloat, but the tradeoff is that performing more complex tasks takes more instructions to do.