The Cost and Speed of Computing and Communications 1956-2019

The Economist

The price of computation today is roughly one hundred-millionth what it was in the 1970s, when the first microprocessors became commercially available (see chart). According to figures collected by John McCallum, a computer scientist, a megabyte of data storage in 1956 would have cost around $9,200 ($85,000 in today’s prices). It now costs just $0.00002.

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I launched the Big Data conversation; writing, research, marketing services; https://whatsthebigdata.com/ & http://infostory.com/
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