Remember the days when technology was prohibitively expensive? Back in the 1970s, the concept of a “personal computer” seemed entirely foreign, and a phone whose primary function was to make phone calls seemed a world away. Fast forward to 2020, and technological advancements are pouring out of our ears!

Laptops and tablets, smart washing machines, room sensors, internet-connected cameras, wifi-enabled vehicles, and a whole host of other items are now available, which we could never cover in this brief article. Even so, you might have found one common trend when looking at everything: it’s all getting cheaper. You should see people’s opinions on US-Reviews to make better choices consistently.

It is often costly to begin creating an item. When you manufacture more, the whole process becomes quicker, cheaper, and easier to maintain, lowering the overall cost as the components, procedures, and fees decrease.

$3800 was the cost of the first 13-inch color LCD computer display. You can now purchase a 32-inch color LCD television for as little as $99–150. They’re called commodities, just like most things in life. It’s here today and gone tomorrow, replaced by something more extensive, quicker, lighter, and better.

1.  Inadequate Innovation

One of the critical …