Final answer:
Kryder's Law states that storage density on magnetic disks is increasing at an exponential rate, contributing to the growth of digital data storage capabilities.
Step-by-step explanation:
Kryder's Law states that storage density on magnetic disks is increasing at an exponential rate. This observation is analogous to Moore's Law, which predicts the number of transistors on a microchip will double approximately every two years, leading to the exponential increase in computing power. Similarly, Kryder's Law suggests that the capacity of magnetic storage will continue to grow exponentially, allowing for more data to be stored on the same physical area over time. This growth impacts not only the storage industry but also how we manage and process the ever-increasing amounts of data in the digital age.