The cost of recording, transmitting, and processing information has doubled with advancements in technology since 1964.

Question

Quizplus · Accepted Answer

According to one study, because of these technological developments, the real cost of recording, transmitting, and processing information fell by 95 percent between 1964 and 1990. It seems likely that the cost of recording, transmitting, and processing information has fallen by a similar amount since 1990 and is now trivial.

The Cost of Recording, Transmitting, and Processing Information Has Doubled