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We've had agriculture for about 12,000 years, towns for eight to 10,000 years, and writing for about 5,000 years. But we're still living in the dark ages leading up to the dawn of history.
The storage requirement for a video stream and two audio streams, plus GPS location, is only about 10,000 Gb per year - which will cost about £10 by 2017.
With your phone converting all the speech it hears to text (and storing that, too, and indexing it by time and location it becomes possible to search it all - like having Google for your memory.