The article states:<p><pre><code> 1956: a 3.75MB drive cost $9k
2024: 26TB drives exist, where 1TB costs $15
</code></pre>
I think that radically understates the cost of storage in 1956, when people used mercury delay lines, drum drives, core memory, williams tubes, etc. 1956 was a long time ago and stuff done back then was physically huge, microscopic "modern" units and enormously expensive. Thank goodness photolithography and being able to scale semiconductor transistors...<p>It apparently cost $3200 per month to lease one of them [1] so actually a storage payment model akin to S3...<p>[1] <a href="https://www.dataclinic.co.uk/history-snapshot-1956-the-worlds-first-moving-head-hard-disk-drive/" rel="nofollow">https://www.dataclinic.co.uk/history-snapshot-1956-the-world...</a>