Know what this is?
It's one of the first mass-produced mini-computers--the PDP 8.
The PDP-8 was made by Digital Equipment Corporation in 1965.
It cost $18,000.
It was much less powerful and vastly harder to use than a cheap smartphone is today.
The PDP-8 and similar machines made Digital Equipment Corporation the
leader in the mini-computer revolution. Mini-computers provided a vast
price-performance-and-usage improvement over mainframes, so they quickly
took over the corporate computing world. Digital Equipment Corporation,
meanwhile, became one of the world's most dominant technology
companies.
For two decades, the company's stock soared. Nothing would ever stop Digital Equipment Corporation.
When the personal computer appeared, DEC's founder famously ridiculed it.
No one, Ken Olsen said, would ever want a computer in their home.
You know what happened next.
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