We can argue as much as we want about whether moore’s law covers technological development in general or be pedantic like good old fundamental Christians and only read what the words say.
The bigger problem is that we have reached the era of what we could tentatively call “wal s’eroom”. Thanks to enshittification (another one of those slippery words!) I predict that technological progress reverses from now on by 50% every 2 years.
Depends on where you live. In Japan, most of the time it’s either way too hot to hang out on the balcony or way too cold. In Europe it’s fine in many places for most of the year.
Some of it also has to do with rent prices which can be higher if you have a balcony.
Also, and again in Japan: There is an emergency balcony exit in some apartment buildings in case a natural disaster hits. It’s probably easier to climb your way down a bunch of balconies with holes in the ground than a blank wall