Around 1943, Thomas Watson, the President of IBM, said that there would never be a need for more than five computers in the world. Yes IBM! At another time Ken Olson, President of Digital Equipment Corp, added in1977 that there would never be a need for anyone to have a computer in their home.
These amazing remarks came from tech people.
Obviously the computer world has changed because computers changed. What happened? The microprocessor happened. Computing power is CPU power. The computing power changed so much that Moore's law was the result. Gordon Moore, of Intel, predicted that computing power would double every two years. He was referring to transistor capacity, but other aspects of computing power have also increased. Memory is more powerful and in smaller modules, hard drive capacity is greater, the access speed is faster, the size is smaller, and the cost is much lower.
This Bright Hub guide to computing power discusses the ramifications about all aspects of computing power, the different kinds, the capabilities, and how computers have developed based on it. There are articles, and information pieces that provide an in depth view of computing power.

Image: dba-oracle.com
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