Air travel. Depending on the route, it's down to about $1.30 per minute of flight time.
What costs are exponentially dropping?
61–67 of 67 posts
Re: What costs are exponentially dropping?
#62Television screens.
I bought a 65 inch 4K Sony Bravia tv about 4 years ago for around $2500-$3000.
I would be lucky to sell it on craiglist now for $500.
Re: What costs are exponentially dropping?
#63- Costs of delivering mass to orbit. - Nanotubes - Graphene - Internet costs (I'm pretty sure it's dropping faster than exponentially) - CDN and storage in general - Many medical procedures I expect meat prices to collapse in the next 10 years.
> - Internet costs The astute reader will recall these are 'costs' not 'retail prices'
Internet retail prices have been dropping significantly, except for the places controlled by monopolies. In the EU you can get a gigabit connection for 20-30 eur/month, which seemed impossible even just 10 years ago.
Re: What costs are exponentially dropping?
#64To those that say DNA seq; although the cost to perform the actual sequence has dropped, there are still a ton of overhead costs in acquiring and managing any genomic data. Context - product platform guy at biobank.
I mean, I suppose that depends on how you're defining "overhead" cost? To sequence a human genome, you _need_ to purchase a ~$700 reagent kit from Illumina to plop into your HiSeq and a ~$300 library prep kit -- are these overhead? I wouldn't call them overhead, and this fixed-cost hasn't really changed for 5+ years. Those two costs are what makeup the $1000/human genome stat, we don't factor in the human and consuma…
How much does it cost you to source that data? What kind of programs are in place to maintain compliance? Who runs the sequencers and performs QC?
I'd like to see how those kind of costs stack up against the $0.6K-WGS. Yes, I understand the difference between marginal COGS and opex.
Re: What costs are exponentially dropping?
#65Food (not the largest exponent, but probably the longest history)
I'm not sure. I did some analysis comparing the cost of basic grocery items in the early 20th century to now and they aren't that different. I used the price of gold at the time vs now and the average daily wage to try to get a better feel for relative prices. Over hundreds or thousands of years, yes, definitely. All that said, it seems like automation could push the cost of food to near zero in the coming decades.
Looking at this, it seems like in Elizabethan times, a penny was more or less equivalent to a dollar or pound today, if you look at the price of bread, beef, and wine.
http://walternelson.com/dr/node/892
...however, if you use bread and beef and wine as the standard, then chickens and beer were extremely cheap. But sugar was extremely expensive.
Re: What costs are exponentially dropping?
#66Earlier quoted context omitted.
No, netlify is basically a fancy-ish github pages.
So... static shared web hosting? Or does GitHub Pages do something I don't know about?
It's static shared web hosting, with a few cool features like a built-in CI, server-side analytics and serverless functions. They also advertise worldwide high availability.
Re: What costs are exponentially dropping?
#67- Costs of delivering mass to orbit. - Nanotubes - Graphene - Internet costs (I'm pretty sure it's dropping faster than exponentially) - CDN and storage in general - Many medical procedures I expect meat prices to collapse in the next 10 years.
why do you expect meat prices to collapse in the next 10 years?