"Twenty years ago this summer, the IBM PC was
introduced to the world. It was an event that launched a revolution
and changed the way people did business. The industry definition of
a personal computer at the time was: any machine inexpensive enough
for one person to own and use, whether at home or work. While the
personal computer started as a device for the computer hobbyist,
its major market has turned out to be small business users and
The "information revolution" that futurists had long predicted
arrived with the IBM PC, bringing with it dramatic changes in how
people lived and worked, perhaps even how they thought. The world
would never be the same.
Since then, personal computers have grown faster and more
powerful while becoming less expensive. One computer expert
illustrates the rapid advancement of personal computing by
estimating that if the automobile business had developed like the
computer business, a Rolls-Royce would now cost $2.75 and run three
million miles on a gallon of gas."
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