The London Review of Books visited Austin and learned some fascinating things about hardware depreciation:
‘This IBM mainframe was $8.7 million in 1983,’ he told me when I went to see them. ‘Which in today’s money is $24 million. I mean, that’s astronomical. And they’re scrapped after four years. That’s it. Scrap.’ He points to another. ‘The Fujitsu supercomputer, I think it depreciated at £16,000 a week for three years. Then it was zero.’ Behind the IBM and the Fujitsu are more machines: DECs, Wangs. ‘I just take them all home. I preserve them. I just collect them, because I like them. And I’ve got the sheds, so I just put them in.’
The visit to Austin's shrines to obsolescence makes for almost poetic reading -- especially the story of 2005's 64th-fastest machine in the world, whose former owner traded away half its processor boards for chocolate bars.