Kryder’s Law and Moore’s Law are two theories that relate to technology, and specifically to the growth and advancement of chips an data storage. Basically, they are stating that technology capabilities double every 18 months – that’s hard drive space, RAM speed, Internet speed, etc…
The growth rate of technology over the last 20 years has been profound, and what used to be common to people in the 1980’s, are all but forgotten with today’s generation. Check out the image below by Mozy.com that shows the advancement of technology over years: