4 ms·
Some people say that that was an artifact of quality adjustments on computer hardware, and that without the adjustments (or computer hardware) we're actually in
by DuskStar 8y ago
Some people say that that was an artifact of quality adjustments on computer hardware, and that without the adjustments (or computer hardware) we're actually in a decline. [0] The chart of "Manufacturing" vs "Manufacturing, less computers [1] was pretty striking.
If you sold 1GB of RAM for $10 two years ago, and you sold 2GB of RAM for $10 this year, that's the normal state of the computer market. I don't think it's really equivalent to selling twice as many tons of steel or wheat for half the price.
0: https://qz.com/1269172/the-epic-mistake-about-manufacturing-thats-cost-americans-millions-of-jobs/ https://qz.com/1269172/the-epic-mistake-about-manufacturing-...
1: https://www.theatlas.com/charts/BJh4B5_TG https://www.theatlas.com/charts/BJh4B5_TG