Re: the economics of transition to nanotech

From: J. R. Molloy (
Date: Wed Jan 12 2000 - 03:10:32 MST

> > You also want to look at the billions in VC money now available that
> > has to go someplace. I think the Internet/eBusiness trend should play
> > out in a few years. At that point the trend has to swing back to
> > either Biotech or Nanotech.
>Yes! Yes! And please don't let the crash (well, it's a GIANT bubble)
>ruin the whole economy for years.

Think of the universe as a giant bubble expanding at an accelerating rate. Some
very clever people work day and night to create a super computer with enough
intelligence to refine such thoughts, and to test their accuracy. Others work
just as hard to build machines that can accurately predict future stock market
trends. The market, in turn, determines how the Internet global brain evolves.
To the degree the GB performs in accordance with the requirements of users, the
GB receives support and further investment from users. Market forces and
economic reality will, IMO, guide (control, pressure, channel) the evolution of
the GB via feedback from those who find it beneficial, or not.

J. R.

This archive was generated by hypermail 2b29 : Thu Jul 27 2000 - 14:02:14 MDT