CD capacity to reach 1 Terabyte!

According to this article e-mailed to me on a reputable list storage mediums equivalent in size to a contemporary CD will eventually hold a Terabytes worth of data, which for me as a digital photographer is important. My current image collection while not huge is large enough to concern me, and of course will continue to grow. Current number of digital camera files in storage, 12,000 + and growing. While 12,000 2 meg files isn't a huge problem I'm currently using RAW format on my Nikon Coolpix 5400 which results in a 22 meg file, and I'm already at about the 700 to 800 image mark! (I've owned the camera since about July 2004.)