This is what progress look like – 1 electronic gadget in 2010 does the work of 14 electronic gadgets in 1980

Check out these two pictures showing 1980 and 2010 electronics tools:  Worth a thousand words.

One tool in 2010 does the work of 14 (by my count) in 1980.  Can you begin to guess the cost reduction, even without discounting for inflation?  How about the weight reduction or portability increase?

From Café Hayek, of course. This is the type of thing I talk about at my other blog, Outrun Change.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 86 other followers

%d bloggers like this: