Covering the business of education and training

Toshiba Corp. and Tohoku University have come up with a new basic technology that promises to increase the storage capacity of hard drives by 10X or more....or one terabit of info/sq inch of recording surface.

The question is...who needs 1 terabit of infor stored?

The phenomenon is known as "Nanocontact Magnetic Resistance, or NC-MR, in which an enormous difference in magnetoresistance is achieved when two magnetic materials are situated close together and connected by a contact point that narrows to around 1nm." Whatever that means...

Toshiba hopes to have a practical technology and application for hard drives ready with in about five years.

I suppose by then, the things people will want to save will be taking up that much space...and using up a whole lot of bandwidth.

Why not make files, images, audio and such so that they don't take up so much space instead of creating ways to store more and needing more power to store and navigate through them?

What interests me is that a Japanese company AND a university are at the heart of this creation/possibility. Where would technology be if it weren't for universities pitching in to help out?