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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 8bits who wrote (24442)	10/25/2007 3:19:37 AM
From: elmatador	Respond to of 217749

Use expensive material in an exhaust is stupid. Countries the developed earlier facing a possibility of losing their installed base and capital stock, need to adapt, fine tune their technologies to avoid extinction. In car technology, any fine tuning that extends the life of the internal combustion engine is a winner: Catalytic converters serve as a typical example. Ethanol is another. The good news is that countries that have no vested interest in protecting an industrial base will employ R&D to develop the next technology that will make the previous ones obsolete. That points to a new direction in technological development when the BRICs start employing R&D to industries that they have no self interest in preserving. Having an industrial base is bad for progress. You find more cost effective to extract the last cent from the old technology before introducing the new ones. Case in point the floppy disk: The developers of the CD had in hand but didn’t mass produce. They were producing floppy disks making lots of money cautiously observing the competition. Another case: Fluorescent lamps vs. incandescent ones. Message 23978153 Message 23945689 If Osram, G.E and Philips have hundreds of millions of USD in plant geared to produce incandescent lamps, only when China started producing cheap and massively fluorescent lamps they are phasing incandescent lamps out. See all those ground base mobile wireless? All of them are going to be supplanted fully by satellite wireless. Catalytic converters? All go to the scrap heap by the development of flameless combustion technologies. Who in his sane mind would think jeweler material in an exhaust pipe????