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> $16,150 … in 2024 dollars The self-reinforcing improvement loop that is technology is absolutely magical. So many things get better and cheaper, faster and f
by FredPret 3y ago
> $16,150 … in 2024 dollars
The self-reinforcing improvement loop that is technology is absolutely magical. So many things get better and cheaper, faster and faster.
- cyberlurker 3y agoIt’s true but a lot of the reduction in price is having a mature manufacturing industry that the components can be sourced from.
- FredPret 3y agoMaturing industry is a form of technological development. Better tech = better manufacturing techniques, from resource gathering up to the retailing system. Mining and manufacturing are more and more mechanized and automated, and lots of the retail end is online, complete with automated logistics. To say nothing of the fundamentally better chip designs we have. We're making better things, in a better way, faster and cheaper; and each improvement reverberates through the system making everything else cheaper, better, and faster.