How times, and technology, has changed!
Eric Manning helped found the Institute for Computer Research at the University of Waterloo. He said, “In 1970, we bought one megabyte of memory for our mainframe computer for one million dollars. It was trucked in and came to the loading dock on a push cart.”1
And to think, I complained bitterly about having to spend $1600 for 32MB in the first half of the 1990s! Last week I bought 4GB of memory (4096 megabytes), paid $200, and walked out of the store with it in my pocket.
- Rafael Brusilop, “When 1MB cost $1M”, Metro, October 24, 2005.