crashfrog writes:
Your average family spends maybe $600 on the family computer; ten years ago that was more like $2000. In 1970 it was around $30,000. Is that because of deflation, or because of advancements in the fabrication of electronics?
You are throwing around bad numbers.
Essentially no households spent 30K on a home computer in 1970. Families simply did not buy home computers in 1970. In the mid 70s computers cost around 1000 dollars. Ten years ago people spent approximately the same thing on a home computer that they spend now. They just get a better computer now. The computers I had in the early eighties were all well under 1000 dollars. They just stank (TRS-80, Coleco Adam, Sinclair Z81, Commodore 64).