alt Hacker NewsInflation goes up - someone who could buy a $500 computer in 2008 should be able to buy a $766 or so computer today (cite: https://www.usinflationcalculator.com)
But today, if you can finagle the EDU discount, you can get a MacBook Neo for $499 ($600 without) which apparently isn't really compromised in any major way.
Replies
brk • yesterday at 8:17 PM
Yes, I'm aware how inflation works, you missed my point. Many technology things have effectively gotten cheaper over time, when you account for overall performance/specs/capabilities/etc. The "we don't know how to make a $500 computer that doesn't suck" statement of today would be more like "we don't know how to make a $350 computer that doesn't suck".
> Inflation goes up - someone who could buy a $500 computer in 2008 should be able to buy a $766 or so computer today
It should also be noted that technological advances tend to be deflationary in general: regardless of real or nominal dollars, the chips/storage/etc you can buy today were sometimes not even available in the past at any price.
Edit: e.g., see 1991 Radio Shack add:
* https://www.trendingbuffalo.com/life/uncle-steves-buffalo/ev...
* https://news.ycombinator.com/item?id=45161816