Technology forecasters have continually projected the imminent replace
ment of magnetic disks by semiconductor memory, with lower price and h
igher performance. Examining trends in disk technology, performance, r
eliability, and price and comparing those trends to those of competing
technologies, the authors conclude that magnetic disks will be useful
for the foreseeable future. Key to the survival of magnetic disks is
the use of low-cost logic and memory to enhance the performance and fu
nction of the disk subsystem, and rapid adaptation of disk technology
to the changing requirements for storage.