Camera
Back in 1989, if you wanted to take photographs, you needed a camera, and a good workhorse for that would have been Canon’s newly introduced EOS-1. In today’s dollars, it would have cost around $2,500 then. Compare that to Canon’s much newer EOS Rebel T7, which can be found online these days for around $500 or less.
Of course, today we don’t need stand-alone cameras for photography, as we have cameras in the smartphones that most of us carry around all the time.