Currently we are using LTO/Linear Tape-On cartridges for backing up files. Above is a Seventies look how data are saved using reels of magnetic strips as big as dining plates. I remember the cartoons SuperFriends where our heroes even read data on continues papers (equivalent of punch cards) with holes only to find out those things are unreadable to us humans.
Technology is advancing and changing the way we live. But not shaping our morals. Hopefully this technology reset itself as a tool rather than a status symbol of wealth.