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A 4 gigabyte SD card costs anywhere between $6 and $50 these days, depending on its transfer speed and where you buy it, and it holds, roughly, 70 hours worth of music. A "standard" cassette tape held 30 minutes on a side (because, in the days of LPs, that was about all the gouged-in spiral you could fit on a side of a platter) and cost a buck and a half, easy.
So, to store as much music as that SD card would hold would have taken seventy cassettes--a sizable stack--costing over $100. In 1972 dollars. Backpack not included.
Neat.
(Okay, there's one thing you can do with LPs that you can't do with digital media, or cassettes, for that matter, but I've only seen it done once. Monty Python's Flying Circus' Matching Tie and Handkerchief was, to the best of my knowledge, the world's only 3-sided record album. It had two spirals gouged into one side, one "inside" the other, so that depending on where you randomly dropped the needle when you started to play it--do you have the slightest idea what I'm talking about, Best Beloved...?--it would play one "side" or the other... Doesn't seem like that big a loss... And in case you've been wondering, the storage capacity of a standard filiing cabinet runs around 50 megabytes...)