Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (12606)	8/18/2003 2:09:46 PM
From: megazoo	Respond to of 306849

Nanotech is here and now, especially with drug delivery companies, namely Sky(SKYE) and Flamel(FLML). FEI is the leader in nano-equipments (ATM, STM, etc) when it comes to semiconductor. Can it be as all-encompaassing and swift a revolution as the Internet? That, no one knows. 'Nanocosm' is a great read, although, at times, the author sounds a tad zealous and amateurish.

To: bentway who wrote (12606)	8/18/2003 11:39:19 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

the rise of foreign middle classes concurrent with the decline of our own. Fixed pie thinking. The universe has an infinite number of ways in which to be productive. We simply have to discover them. I have a job right now which is so new that it doesn't even have a proper title. People are forever asking me, "Now what is it I call what it is that you do?" It wasn't even possible to do what I do every day 2 years ago because the technology wasn't ready. One of the reasons I have a new job is because my old job, photographic printer, has been moving towards obsolete rapidly. I was a photographic printer for over 30 years and the technology was essentially the same for over a 100 years. Now it's going the way of the typesetter, paste-up artist, telegraph operator. This kind of thing is happening all over the US and has been happening for countless generations to different professions. You can't stop technology from making your job obsolete and you can't stop business from seeking out the lowest cost materials or labor. Nor would you gain anything if you could. You gain far more by letting business seek out the most efficient route to profit. I was talking about this the other day with a friend, I told her we heard all of this back in the 70s about jobs leaving the US and how all those people would never get jobs that paid as well as the ones they lost. Ha! What we didn't foresee then was there would come a time when any idiot with a BS in computer science was going to get a job right out of college that paid three times what those damned steel workers made. Then she said, but what about the steel workers? I said apparently they got new jobs or retired because we had less than 5% unemployment a while back, remember? People are unbelievably adaptable to change and change they will. You really can't believe that we go into decline simply because we no longer overpay a bunch of IT guys who added questionable value in the first place. A lot are already busy working at jobs which are so new they don't have titles. The rest are complaining about the decline of America on financial message boards. Sorry to say, I can't see that the same transition to new industry will happen for Mexico simply because they had so many years of ruinous Socialist government and they lack one of the most important ingredients for capitalism to really thrive, basic protection of private property (from thugs, private and government sponsored). This is why they come here to make money. This is why so many foreigners risk their lives to come here to make money.