Earlier quoted context omitted.
In the same way that hard drives didn't kill off tape, SSD won't kill off hard drives. The price differential is too great for many applications and they have different operational strengths and weaknesses.
Tapes have a use case that hard drives do not. Tapes are the lowest cost/GB stored and are more shelf stable than hard drives. SSDs are higher performance than HDDs and have none of the packaging constraints. Flash storage is going to be put into everything and the economies of scale look quite good. Storage is scaling but the r/w speeds of hdds aren't keeping up. Following the trend line and we see huge hdds that ar…
There have been many 'this will be the death of hard drives' technologies over the decades: zip drives, optical drives, tape drives (there was a time when they were predicted to be everywhere... never happened), CD (then DVD) writers, etc. Not to mention MRAM which has been the hottest tech that hasn't really happened yet for 3 decades. These were all going to be some combination of more durable and/or cheaper per Xb. But they all lacked the one critical advantage that hard drives had: massive economies of scale. Here's my prediction: spinning rust isn't going anywhere anytime soon.