When storage becomes as cheap as chips

If you’re looking for signs that there’s another revolution on the way, then the price of storage is an interesting figure. In the last twelve months the cost of one gigabyte of data has dropped from a dollar to fifteen cents, according to interviews conducted by Robert Scoble:

Another guy who is still stealth told me his company will build something like a shoebox with eight petabytes of solid state memory. When I worked at Microsoft it took a semi trailer stuffed with hard drives to get to six petabytes.

The times they are a changin’

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