Technology has advanced so rapidly that a laptop computer
today is 96% cheaper than a 1994 model
and 1,000 times better.
Some more good news from Economist Mark Perry at the
American Enterprise Institute.
Best Buy is currently advertising a Dell Inspiron 23.8″ Touch-Screen All-In-One computer for only $650 (without a printer), with about 1,400 tunes more hard drive space (1TB vs, 720MB) and 2,000 times more memory (8GB vs, 4MB) as the 1994 Compaq.
You spend $200 today for a basic laptop that has performance standards infinitely better than the notebooks available in 1994 that cost more than $5,ooo (in 2016 dollars). And you can get computers today with thousands of times more memory, speed, performance and disk storage space than computers in the mid 1990s at a fraction of the price. Sometimes we just accept these advances without really thinking about them and fail to appreciate the benefits…
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