You’ve probably seen this famous graph that breaks out various categories of inflation, showing labor-intensive services getting more expensive during the 21st century and manufactured goods getting less expensive.
The plot below shows the price of TVs across Best Buy’s Black Friday ads for the last 25 years. The units are “dollars per area-pixel”: price divided by screen area times the number of pixels (normalized so that standard definition = 1). This is to account for the fact that bigger, higher resolution TVs are more expensive. You can see that, in line with the inflation chart, the price per area-pixel has fallen by more than 90%.
Yay! Now do computer ram from 1980 to 2020 before Ai was involved, and discuss size per dollar. You wanna do CPUs or hard drives next?
Yay! Now do computer ram from 1980 to 2020 before Ai was involved, and discuss size per dollar. You wanna do CPUs or hard drives next?