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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (5088)	10/22/2000 2:54:33 PM
From: Duffeck	Read Replies (2) \| Respond to of 5853

<<With each Web device draining as much as a megawatt-hour a year>> I thought this estimate seemed high but look at this data. bethel.edu for the Macintosh 6500/250 shown on the plot towards the bottom of the page. They calculated 19.872 megawatt-hours per year for 23 computers or 864 kilawatt-hours for 1 computer. Assuming as Gilder did a billion always on internet computers (I did not check this estimate) would consume (864)(10^9)= 0.864 trillion KWHR's. Today the total world energy demand has been estimated at around 13 trillion KWHR's = 13(10^12) KWHR. eia.doe.gov. Therefore computer use would require (0.864/13)= 6.6% of the worlds projected energy demand in 2000. Still a big number although Gilder projects on Internet computers--together with the factories that build them would close to half of the world's current electricity use. Amazing stuff. duff

To: Labrador who wrote (5088)	10/22/2000 5:15:20 PM
From: Dee Jay	Read Replies (2) \| Respond to of 5853

what an incredible CROCK of s**t! The biggest "tax" of all is inflation and the Clinton-Gore years have seen a massive cut in that pernicious tax. The results are so palpable - you save $$$ on your mortgage interest, the government is not competing in the capital market and therefore capitalists have the means at lower cost to innovate and create new technologies and such things as the infrastructure required for this New Age of Communications. If massive tax cuts means that the National Debt (quadrupled by the huge tax cuts and massive increased spending by Reagan-Bush - remember "read my lips"?) won't be paid down interest rates are going to rise again and you will have your spendable income cut as a result. He who doesn't learn from history is doomed to repeat it. I have a lot of respect for Gilder in certain areas but he has gotten past his intellectual capacity with that article - waaaay past, IMHO. Idiot Savant Syndrome, methinks. Dee Jay