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Not everything of course but for the sort of network-based soft low latency uses web apps are built around yes pretty much. Even within its domain it has some weaknesses but their contours and mitigations are well understood. OTP is venerable and proven.

If you're ever looking at microservices as possibly a good idea you should definitely consider "can I just do this in erlang." Usually the answer is "yes, but no, because of company politics" and those hurt a lot once you know what you're giving up.




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