Did you know?

In 1980, the cost of storing just 1 GB of digital data was approximately $300,000 (25,299,000INR). By comparison, today storing the same amount costs less than a penny(₹1.05 INR). This extraordinary reduction reflects the exponential advancements in technology and manufacturing efficiency over the decades.

In the early days of computing, storage technologies like hard disks and magnetic tapes were expensive and bulky, making data storage a significant investment for companies. For example, the first 1 GB hard drives in the 1980s were physical giants, requiring dedicated cooling systems and substantial infrastructure.

The 1990s saw a steep drop in storage prices with the advent of personal computers and more efficient storage devices. By the early 2000s, 1 GB of storage cost less than $1. This trend continued with innovations in flash memory, solid-state drives (SSDs), and cloud storage solutions, which further reduced costs while increasing capacity and accessibility.

Today, affordable storage underpins the digital economy, enabling technologies like big data, cloud computing, and artificial intelligence. However, this dramatic price drop also raises questions about data security, environmental impact, and the ethics of near-unlimited data storage​
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This remarkable evolution showcases the speed at which technology evolves, making what was once a luxury accessible to almost everyone.

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