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

To: THE ANT who wrote (94049)	8/29/2012 10:32:31 AM
From: elmatador	Read Replies (1) \| Respond to of 218662

The age of technology (application of science) as an advantage is over. Advantage meaning you use technology to dominate an industrial sector. And create great wealth on industries gravitating around the original sector you took over. Having a head start -like the railways and steam technology- were difficult to catch up, Iron ore available, coal it needed only the technology of steam engine. The British took the market and ran away with it. Ditto Great Lakes US car industry. Steel, crude, coal and transport lines all at the same country. It needed only the internal combustion engine. Not possible today: Say bunch of Danish discovered an enzyme to process wood to produce cellulosic ethanol. They are hard at a work in it. They don't have the land, water neither a market for car powered ethanol to profit from it. They need to sell to Brazil the US and other countries where cellulose is produced a plenty with lots of water and sunshine. Impossible for the Danish to create and dominate the sector and profit from the myriad of industries that would gravitate around their discover. The US shoot upfront with carmaking and dominated the sector that enabled lots of other industries to grow around: Drive-ins, motels, cops fines, road construction, road haulage, gas stations, motor sports, Drive-ins motels, cops fines. All dependent on the original carmaking around the Great Lakes. That's no longer be possible. Add to that Digital lowered the barriers of entry. Today digital technology is easily ported and replicated. Yes, digital will give the one with head start a lot of profits. But them someone else start copying replicating and improving. Compare Alta Vista search pages with Google. Google built on top of it and made it better. Soon Google will be toppled by someone else. Even mighty MSFT is not longer what it used to be. Days of hogging, being it capital, technology or industrial sector are over.