Moore's Law in action:
Got to Admit It’s Gotten Better
One way to illustrate your good fortune of being a holiday shopper today is to measure the cost of goods by the number of hours it takes working at the average hourly wage to earn enough income to purchase typical consumer products at their retail prices, and then compare the “time cost” of goods from the past to today’s “time cost” for similar items.
Compare and contrast:
And note, there is no comparison between the capabilities of current technology versus 50 years ago; now extrapolate 50 years ahead. It boggles the mind, doesn't it?
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