There's a whole PEP about that
Changelog & Friends
The Better Trade-Off: Is It a Better Trade Off?
Python has a global interpreter lock that stops it from writing threaded code. This locks out the ability to use multiple cores at once, which is needed for multi-core computing. Python's core developers don't know how to write threaded C code because they haven't had to until now. Sam Wilson: "I think where this whole conversation ended up is I don't think it's necessary even about the single threaded versus multi threaded performance hit"
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