Every type of tech product has gotten cheaper over the last two decades — except for one
Technological innovation is great for consumers. As technology gets more advanced, prices drop and products get better. The US Bureau of Labor Statistics tracks prices for broad categories of goods over time. As this chart of prices for the last 18 years shows, prices have dropped dramatically in almost every tech sector. The drop in computer hardware is particularly steep. The one exception? Cable, satellite TV, and radio service.
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