| While the prices of everything from cars to coffee continue to rise, there is one thing that has steadily become cheaper: computers. The entry-level MacBook Pro starts at $1,599, a $200 drop from its comparable version five years ago. Why has the price fallen? Here’s what we know:
💻 Gordon Moore's law states that the number of chip transistors, which is the basis of computing, doubles roughly every two years. This advancement has dramatically lowered computing costs while making devices smaller and far more powerful.
💻 The presence of chips in other kinds of electronic devices allows them to become cheaper over time. For example, a 55-inch OLED flat-screen TV first hit the market in 2013 for over $10,000. Today, you can buy one for under $1,000.
💻 The speed of progress dictated by Moore's Law is reportedly slowing down. Experts suggest that this is because transistors have reached a size where the laws of physics begin to limit further miniaturization.
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