BUS-K 201 Lecture Notes - Lecture 1: Computer Hardware, 18 Months

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The number of transistors per square inch on an integrated chip doubles every 18 months. The cost of data procession is approaching zero. The value of a network is equal to the square to the square of the number of users connected. The value of digital and social networks is increasing exponentially. Network connection speeds for high-end users will increase by 50 percent per year. Higher speeds enable new products, platforms, and companies. The storage density on magnetic disks is increasing at an exponential rate. The cost of storing data is approaching zero. Digital devices will evolve so quickly they will enable new platforms, programming environments, industries, and information systems every 10 years. Abstract thinking: ability to make and manipulate models. Systems thinking: ability to model the components of a system to connect the inputs and outputs into a sensible whole that reflects the structure and dynamic of the phenomenon observed, find ways to create more efficient processes.

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