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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: dybdahl who wrote (2881)	12/9/2007 6:50:56 AM
From: dybdahl	Respond to of 71456

Re-reading my post, I see that I actually mix productivity improvements in science with productivity improvements in economics. Therefore, a number of the items, that I mentioned, are not applicable. However, there is a huge amount of knowledge on how to do things more effectively, that hasn't spread, yet, and that's where I see the economic productivity improvements.

To: dybdahl who wrote (2881)	12/9/2007 8:43:44 PM
From: Real Man	Read Replies (1) \| Respond to of 71456

That's quite interesting, thanks! I agree, the impact of IT revolution will definitely be felt over the next decade or two as the speed of networks and networking to every home drastically improves. Then the whole entertainment/communications industry will change, TV and telephone as we know them will probably die - there is no reason not to have a video phone over a broadband connection, or a TV that "responds" to your demands (kind of like on demand cable now) -g- Video rentals will probably die, even PCs might die as we connect to some big powerful supercomputer using home PC as a terminal. However, the progress seems to be rather slow so far. I'm using the same cable modem I used in 2000, since FIOS is not available in most areas. A lot of folks still dial up. I guess if history is a guide, there were many great inventions during the roaring 20-s, that took decades to implement later, so this does not necessarily cancel the economic bust. Similarly, technology in Japan developed well during their bad times after 1990.