The abstract of Glauber Costa's talk at LinuxCon Europe 2012 started with the humorous note "I once heard that hypervisors are the living proof of operating system's incompetence". Glauber acknowledged that hypervisors have indeed provided a remedy for certain deficiencies in operating system design. But the goal of his talk was to point out that, for some cases, containers may be an even better remedy for those deficiencies.
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