"Smith was the result of the Equation trying to balance itself out"
Balancing itself out because of Neo...Which the Oricle infleuenced by telling:
1. Morpheus that he would find the one, thereby dedicating his life to finding Neo.
2. Telling Neo that he would have to make the choice between himself dieing or Morpheus dieing. Therefore making him realize that he was the one because of the whole death thing...