"Yes, the inflation data shows a declining cost every year for having that amazing computer in your pocket. It keeps getting more advanced. It can transfer more data than ever. But that’s a chunk out of the family budget that simply didn’t exist in a prior generation"...it replaces the need to buy a camera, also a watch...is a cell phone + service plan really more expensive than a landline phone (w long distance bills) plus camera and watch?
"Yes, the inflation data shows a declining cost every year for having that amazing computer in your pocket. It keeps getting more advanced. It can transfer more data than ever. But that’s a chunk out of the family budget that simply didn’t exist in a prior generation"...it replaces the need to buy a camera, also a watch...is a cell phone + service plan really more expensive than a landline phone (w long distance bills) plus camera and watch?
Depends on if the doomsday predictions about jobs are correct. I don't think so but I can't rule it out especially if China gets there first.