"Technology is advancing in exponential leaps."
And technology is indifferent to quality. If progress has taught us anything, it is that being 'advanced' means settling for convenience and less quality. Think McDonalds.
" Does anyone remember 10 or so years ago...."
Yes. I even remember seeing a Sinclair ZX81 with a massive 16kb memory. The problem with technology has been stated above by a previous poster too.
No matter how high the resolution of the CCD, the maximum resolution is limited by the resolving power of the lens. Also, digital quality = digital quality: false coloration + no neutral white balance. Even 'medium format digital' cameras like the new 22MP Hasselblad have a pathetic resolving power against a drum-scanned Velvia from a 6x6cm slide resolving at least 180 lines/mm. Think of it in terms of film = 72Megapixels compared to a digital CCD of 22MP perhaps?
Digital just isn't there yet. It's okay for snapshooters and convenience photography (that includes professional photography sometimes). It's going to stay, because there is a mass demand for convenience.
"Now anything less that 3ghz is considered becoming obsolete very soon."
Not if you're still operating on no-frills Windows 3.1
And now think of Moore's Law: the more advanced technology gets, the more redundant high-end stuff gets. Consumers will settle for cheaper lower quality mass-produced digital cameras with average megapixels. The development of super-super-super CCDs with even greater megapixels will reach an exponential rise, and then plateau (if not crash).
Why? Consumer demand will follow the technological trend, but not to the point of utter financial absurdity. To the point of absurdity - yes. To the point of financial extravagance - yes. But not economic absurdity perhaps. Marketing forces won't be able to blind people into wasting $10,000 instead of $1,000 on a digital camera and run away with an economic success: when a 100Megapixel camera which can operate on one AA battery for at least 1 month, and output photos onto a standard home desktop with a mid-range printer which doesn't drink ink like a camel comes in for less than my monthly salary, then I'll consider digital again for practical purposes.
And that might just be for taking pictures of junk for ebay
"there are going to be finger sized cameras capable of astounding quality and we will be able to blow these photos up to 20'X20' without ever seeing a pixel."
And the fragility of this fantasy is that one single tiny weeny little pixel will blow....one out of all of those 6 million pixels on the CCD....and the photographer will be left with an embarrassing white hot spot in every single image for the rest of his camera's life. And how much is it to fix that single teeny weeny little pixel? Well, try finding a one needle in a haystack of 6 million hay grasses. It's going to be 'cheaper' to dump the camera than repair it. Welcome to the disposable world.
Up with pinhole absurdism! Hooray!
"All in all, technology is going to surpass a lot of what we think it will attain. "
Well, we know what technology can attain: nuclear power; nuclear bombs; nuclear electricity; Chernobyl; unemployment of the masses....er, you get the picture?
I'm heading for the hills now!
And technology is indifferent to quality. If progress has taught us anything, it is that being 'advanced' means settling for convenience and less quality. Think McDonalds.
" Does anyone remember 10 or so years ago...."
Yes. I even remember seeing a Sinclair ZX81 with a massive 16kb memory. The problem with technology has been stated above by a previous poster too.
No matter how high the resolution of the CCD, the maximum resolution is limited by the resolving power of the lens. Also, digital quality = digital quality: false coloration + no neutral white balance. Even 'medium format digital' cameras like the new 22MP Hasselblad have a pathetic resolving power against a drum-scanned Velvia from a 6x6cm slide resolving at least 180 lines/mm. Think of it in terms of film = 72Megapixels compared to a digital CCD of 22MP perhaps?
Digital just isn't there yet. It's okay for snapshooters and convenience photography (that includes professional photography sometimes). It's going to stay, because there is a mass demand for convenience.
"Now anything less that 3ghz is considered becoming obsolete very soon."
Not if you're still operating on no-frills Windows 3.1

And now think of Moore's Law: the more advanced technology gets, the more redundant high-end stuff gets. Consumers will settle for cheaper lower quality mass-produced digital cameras with average megapixels. The development of super-super-super CCDs with even greater megapixels will reach an exponential rise, and then plateau (if not crash).
Why? Consumer demand will follow the technological trend, but not to the point of utter financial absurdity. To the point of absurdity - yes. To the point of financial extravagance - yes. But not economic absurdity perhaps. Marketing forces won't be able to blind people into wasting $10,000 instead of $1,000 on a digital camera and run away with an economic success: when a 100Megapixel camera which can operate on one AA battery for at least 1 month, and output photos onto a standard home desktop with a mid-range printer which doesn't drink ink like a camel comes in for less than my monthly salary, then I'll consider digital again for practical purposes.
And that might just be for taking pictures of junk for ebay

"there are going to be finger sized cameras capable of astounding quality and we will be able to blow these photos up to 20'X20' without ever seeing a pixel."
And the fragility of this fantasy is that one single tiny weeny little pixel will blow....one out of all of those 6 million pixels on the CCD....and the photographer will be left with an embarrassing white hot spot in every single image for the rest of his camera's life. And how much is it to fix that single teeny weeny little pixel? Well, try finding a one needle in a haystack of 6 million hay grasses. It's going to be 'cheaper' to dump the camera than repair it. Welcome to the disposable world.
Up with pinhole absurdism! Hooray!
"All in all, technology is going to surpass a lot of what we think it will attain. "
Well, we know what technology can attain: nuclear power; nuclear bombs; nuclear electricity; Chernobyl; unemployment of the masses....er, you get the picture?
I'm heading for the hills now!