Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Future of Computers
We have this enormous memory with lots of data all around, we're just sort of sitting there. So this poor file clerk is working perpetually with a tremendous rate of speed going practically crazy. He does in fact, I just estimated something like 10 million times faster than an ordinary file clerk. And that's the electrical things of that fast. But the rest of the system, which is the memory, and you've heard they made now memories of 256 k bytes, k just means 1,024. So they mean 256 times 1,024, 8 dot symbols. In one tiny chip, okay, it's a lot. And you put several chips in, you've got a terrific computer.
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