There are plenty of legends surrounding wealthy people. For example, people assume you’re happy if you have lots of money, and several studies support this. Also, people assume you’re smart if you have lots of money. There are plenty of studies to show this is not the case. If intelligence did lead to wealth, I’m sure India would have less poverty (India contains Earth’s lion share of geniuses, FYI), and Christopher Langan would have Trump style buildings with his name on them (Christopher is the smartest human being on Earth–if you subscribe to IQ testing–but his employment isn’t CEO of the latest craze in Silicon Valley, Christopher keeps it low key with such titles as bouncer and laborer. “Not that there’s anything wrong with that”, as Seinfeld taught me, but these aren’t the jobs you’d expect of someone with an IQ higher than Hawking or Einstein or Ben Stein).
So, I really like Apple products, and I heard a legend about Steve Jobs that seems plausible. He didn’t like carrying around music on cassette tapes, or CD’s. Jobs wanted a more portable music device that could hold more songs than a cassette or CD, but the engineers at Apple kept putting him off because they didn’t have the storage technology to make it happen. Yes, the engineers are always at odds with the artists. Later in the legend, Toshiba came out with a tiny hard drive with a decent storage capacity. With the birth of that tiny hard drive, Steve Jobs’ dream of an iPod became a reality. The iPod music revolution began with hard drive technology. Then the iPhone, and so forth, and so on.
Hard drive technology is now affecting shoplifting cases. Here’s how. A shoplifter gets caught stealing (we call this petit theft). Back in the day, security cameras were considered new technology, but they were only being viewed live, or the footage was being recorded on a VCR that taped over itself every couple of hours. The cameras enabled loss prevention officers to view shoppers as possible suspects. For example, nothing screams “I’m stealing” like someone putting clothes into a bag without ever looking at the size or price. Once loss prevention spots such odd behavior, they can close in on the suspect. Now, with the advent of hard drive technology, some stores are able to digitally record many months of video, and when they catch someone stealing, loss prevention simply burns two copies of the footage–one for the police, and one for the local news channel (does the public ever tire of seeing someone caught in the act?). After that, they start reviewing past footage.