id author title date pages extension mime words sentences flesch summary cache txt blog-dshr-org-3922 DSHR's Blog: Talk at PDA2012 .html text/html 2677 395 88 Last year's talk covered the three possible business models for long-term storage, and focused on endowment as being the only really viable one. The reason endowment is thought to be feasible is Kryder's Law, the 30-year history of exponential increase in disk capacity at roughly constant cost. Similarly, if we assume that in the future storage costs will drop at varying rates, we need to use Monte Carlo techniques with a storage cost model. This shows the relationship between the endowment needed for a 98% probability of not running out of money in 100 years, and the rate of Kryder's Law decrease in cost per byte, which we assume to be constant. The next graph applies the model to cloud storage, assuming an initial cost of 13 cents/GB/yr and interest rates from the last 20 years. The last graph shows the effect on the endowment of a spike that doubles disk prices a number of years into the life of the data. ./cache/blog-dshr-org-3922.html ./txt/blog-dshr-org-3922.txt