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Old 12-05-2008, 09:00 AM   #12
Joe
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Join Date: May 2001
Location: Rhode Island
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Disruptive technologies - like the telephone, the automobile, the internet - reshape economies in radical ways.

There are a lot of smart people working on developing energy solutions - the prize is enormous for anyone who can accomplish this on a large scale. The most likely origin for solving a resource issue - whether it be building materials, energy, food production - anything, is here. Ending the transfer of wealth to oil producing nations would solve a host of issues.

I think the Green Movement is very real in that it is providing an impetus for innovation. Its not commercially viable yet and as such it has been pooh-poohed by the financial establishment. We should consider the source though, as the financial establishment has missed a few things lately.

People tend not to respect disruptive technologies or social movments when they are in flux. Sometimes people don't believe in change even when it is upon them. It does not make them less wrong. When President Rutherford B Hayes saw the first public demonstration of the telephone he replied: "It's an amazing invention but who would ever want to use one?

Last edited by Joe; 12-05-2008 at 09:05 AM..

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