I just got a new laptop today and when I saw the ssd it blew my mind. Most of my old drives are like the second from left and it's what I think of as a normal drive, buying a standard ssd still feels small to me. But look at that tiny thing to the right! It's the size of a postage stamp!
Assuming I managed to find the right specs (it is a Microscience hh-1050): The monster on the far left is from 1990, holds 40mb, read/write of 0.625mb/s, and weighs almost exactly 2kg. The baby on the far right I got in the mail today, holds 1tb, read/write of 5150mb/s, and weighs about 2.85 grams.
So we're looking at 25,000 times more storage, 8,240 times faster, and 1/700th the weight! And the one on the right is just 1tb, they make one that same model but 2tb. I can barely believe it exists even though I'm literally holding it in my hands.
ASCII wasn't around then, so it would perhaps be stored in 5-bit ITA2, or 6/7-bit FIELDATA. So likely a 5/8 to 7/8 space savings (unless the numbers are for compressed War and Peace).