Dan, thanks for your comment and good point.
It's tricky to value these things... For instance at those 1976 levels, the Apple 1 would cost more than $2,600 today and today's low-end iPad 2 would have cost about $100 in 1976. Clearly the functionality is orders of magnitude different.
An amazing achievement.
The Apple I cost $666. The current iPad is only slightly less, but with vastly greater functionality. If there is a race to the bottom, it has been moving at very low speed. Smart to draw a distinction between highly functional consumer electronics and low-cost, minimalist gadgetry. Also smart to be aware of pricing conditions in different markets.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.