"Time sharing, most experts agree, is the key to the computer's future, at least for general use. A few years ago, when people thought about household computers at all, they thought of some small, inexpensive, individual unit that would keep track of the family checking account and automatically type out the Christmas-card labels. Now we know that it won't be like that at all. The reason is economic. The bigger and faster the computer, the cheaper it makes each computation. Consequently, it will be far cheaper to build one monster computer with thousands or even millions of customers hooked to it than to have small, individual machines in individual homes."
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posted by box at 6:07 AM on March 4, 2010