Kurzweil reports this encouraging development:
Hitachi Global Storage Technologies plans to announce on Monday a record for storage density on a disk drive: 230 billion bits per square inch, which would make possible a desktop computer drive capable of storing a terabyte of information.
The technology is known as perpendicular recording because the tiny magnets that represent digits are placed upright, not end to end.
I remember when I was working for a computer magazine years ago getting to try out a hard disk with an almost unimaginable size of 300 megabytes. Imagine trying to get by on so little now.
I wonder how long it will be before a terabyte seems cramped?
More details here (link requires annoying registration).