#465 Don Derosa REI Tech on Flipping America Radio

Did you hear about the new app for real estate investors that’s going to rock your world? I’ll tell you all about it in a minute or two.

You may be familiar with Moore’s Law of Computing: Moore’s Law refers to Moore’s perception that the number of transistors on a microchip doubles every two years, though the cost of computers is halved. Moore’s Law states that we can expect the speed and capability of our computers to increase every couple of years, and we will pay less for them.

I was there at the birth of the personal computer revolution. In the first few years this law was amazingly accurate. My first IBM PC was an upgraded version. It had a color monitor, although no one really had a use for color yet and there were no graphics – only ASCII characters. And I had two floppy disk drives. That means I could put the floppy for the program in one drive and save the data to the other. Formatting codes for word processing were visible to the user so it was a bit of a guess as to what would print out. Speaking of printing out, printers were dot matrix and could print in any color you wanted as long as the only color you wanted was black. Yes, if you were in accounting you could get a dual band ribbon that had red, if you had a LOT of money and programmers to make it work.

I remember seeing the first laser printer. We sat in dumbfounded awe as it printed a page with a perfect circle – no jaggies. At the time I thought it might be the coolest thing I had ever seen. This would have been about 1984 and it cost $1200.

Thanks to Moore’s law, you hold a phone that is 100,000 times more powerful than the computers that sent men to the moon in the 1960’s. And those computers cost $3.5 million! There’s something new in Technology every day. Imagine the power you will hold in your hand in 20 years!

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