Thursday, May 10, 2018

Computer Conclusion

Avant-Garde
The economic principle I researched was that people gain when they trade voluntarily.

When people trade voluntarily the gain out weighs the cost. This principle is no different with computers, well building them at least. When one is building a computer one thing rises above all else, and that is compatibility. 

The reason that compatibility is so important is because you may have all of these wonderfully powerful and expensive parts, but if their not compatible, if the don't work together, the metal inside is worth more. That's saying a lot based on how much these things can cost. In an article from Digital Trends titled "Recent data suggests that GPU supply might be stabilizing and prices falling" discusses how the price of Nvidia's graphics cards have gone up as well as the why the price is so high saying that the cards have gone up, in some cases 100% their original price, being due to the rise in popularity of the cryptocoin. 

Today is May 4th, 2018 and I checked the price of the picture of the graphics card I used in my blog post titled "Picture Perfect" which is a Nvidia Titan V, and the price was £2,700.00 or in terms of the American dollar is $3,648.28! That's a lot of money, but as the title of the article says, prices are falling, or at least stabilizing.

Over the summer, I seriously upgraded the parts in my computer from the budget version to the brand spanking new top of the line model. 

This didn't come cheap, it cost me my entire summers salary of $1,200, and was it worth it? In my eyes of course it was, I use my computer everyday and use the parts that I spent my hard earned money on every single day, in fact I think that I gained more than what I spent in terms of use so far it's been a little over $3 a day for what I got and as more time goes on the price per day of what I bought will continue to fall.

So in conclusion, I think that people gain when they trade voluntarily, because if you really wanted these computer parts you could get them. It would cost you a little more but it would be possible.

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