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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (544601)1/18/2010 12:10:40 AM
From: i-node1 Recommendation  Read Replies (3) of 1574098
 
>> Common sense tells you that technological breakthroughs will continue to happen, because they have happened continually for all of humanity's history.

Technological breakthroughs happen when private enterprise is sufficiently motivated by market considerations. For example, YOUR example of computers. The integrated circuit, which made today's computers practical, was a result of private enterprise trying to develop something useful.

It was not a result of government throwing piles of money out there saying, "We know it isn't financially feasible to undertake these projects unless WE, the GOVERNMENT, gives you sufficient kickbacks to make it happen".

Private enterprise doesn't develop projects for which there is no market, and government doesn't develop projects that are intended for the kinds of markets which foster this kind of technology. Notable exceptions are the military and a few other agencies, most of which the Left wants to do away with.

If you want to develop new technologies private enterprise needs to see a market that does not rely on government kickbacks (e.g., rebates on hybrid vehicles). Private enterprise is smart enough to recognize that such rebates will not last indefinitely. Then, what?
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