This document discusses whether we have reached "peak IT" and if digital technologies will continue delivering value. It notes that while Moore's Law predicted exponential growth in computing power, other technologies show s-shaped adoption curves with diminishing returns over time. Large digital projects in Sweden have failed to deliver value, with total losses over 10 billion SEK. The complexity of digital systems is increasing exponentially, making new projects more prone to failure. It argues we may be approaching the peak of what digital technologies can deliver before facing issues of complexity, bureaucracy and other systemic effects.