![]() ![]() All this has happened before and will happen again. In this case that means bigger, better, and because so many parts are similar, cheaper. It happened with Japan in the '70s and '80s, it happened with Korea in the '90s and 2000s, and it's happening now with China.īut in general, prices drop, so companies create something new that's exciting. They first offer something inexpensive, then later, something inexpensive and good, then eventually something good and expensive. As new manufacturing powerhouses come in, they aim for the bottom of the market. You can get a great TV now for less than $0.50-per-square-inch of screen. Now there are dozens of companies making TVs. In the '50s, Westinghouse and RCA were some of the only manufacturers of this new technology. The biggest disruptions come at the lower end of the market, something far harder to track. More accurately, though, it's that they get cheaper per inch. From $110-per-square-inch in the 1950s to $1.24-per-inch or even less today. And as you can see, to an extent, that's absolutely true. It's easy to say that TVs get cheaper every year. ![]()
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