poly: Re: the economics of transition to nanotech

From: Damien Broderick <d.broderick@english.unimelb.edu.au>
Date: Sun Jan 09 2000 - 04:20:33 PST

At 11:02 PM 8/01/00 -0800, Anton wrote:

>> . . . . My question was: who will invest
>> heavily in developing a magic mill that makes copies of itself for free?
>Those who care more for absolute wealth than for relative wealth.
>Is there any way to estimate how many such people are active investors?

I can't see it. It's like fixing death (or making cryonics work). A few
Gateses throwing a few billions at the problem would (maybe) make it go
away. But that's always a wild card; I think the billionaires choose safe,
like museums and education. As for the market proper - that's the question,
I guess.

>In another of my fora someone has been pointing out that most software
>development is done for in-house use rather than for sale.

Eric Raymond mentions up to 95 percent. Could be. [
http://www.tuxedo.org/~esr/writings/magic-cauldron/ or one of the earlier
ESR papers]

Damien Broderick
Received on Sun Jan 9 05:19:44 2000

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