IEEE-488 is a short-range digital communications bus specification. It was created in the late 1960s for use with automated test equipment, and is still in use for that purpose. IEEE-488 was created as HP-IB (Hewlett-Packard Interface Bus), and is commonly called GPIB (General Purpose Interface Bus). It has been the subject of several standards.

Read more about IEEE-488:  Origins, Standards, Characteristics, Capabilities, Use As A Computer Interface, Advantages and Disadvantages

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IEEE-488 - Advantages and Disadvantages - Disadvantages
... end of transmission handling) can complicate interoperability in pre-IEEE-488.2 devices No mandatory galvanic isolation between bus and devices High cost (compared to RS-232/USB/Firewire/Ethern ...