On Jul 4, 10:24 am, "Wayne Lundberg" <waynel...@[EMAIL PROTECTED]
>
wrote:
>
> I have been active in this newsgroup along with a few others on
> entrepreneur****p, innovation and new business startups only to
> discover that in the last three to five years no really significant
> innovation has hit the market.
Try 30 to 50... Run a simple thought experiment; compare the
magnitude of changes in everyday life that occurred between 1950 and
2000 to those that happened between 1900 and 1950.
> In following alt.inventors newsgroup we see occasional claimants
> to perpetual motion and the like, but not much in the real of real
> world, possible applications of new, innovative technology.
Of course. The real inventors long since left to work for IBM, which
is the world champion in the number of patents held...
> Which once was the goose that laid the golden egg for the rest of
> the world.
Nothing lasts forever. Recall that early American technological
prowess was built largely on British and French inventions...
> We invented the transistor - Sony got the license and took it to
> the moon and back. We invented the camcorder and the same thing
> happened.
Which only goes to show that invention and commercial application are
two separate skills.
> 3M invented the CD and look what happened there.
What do you mean, what happened? Sony and Philips had to invent the
CD player...
> With the politicians pulling our chains on the energy thing
> by artificially making oil scarce,
Any basis for that statement? :) If it were true, at least one of
two things would happen, (1) inventories would increase, and/or (2)
oil futures market would be in permanent contango. Nothing of the
sort is happening; inventories are a little low, while the futures
market is in backwardation. Everyone loves a conspiracy theory, but
this one simply has no basis in reality.
> Is anybody here seeing anything like a breakthrough to the
> future?
Of course. The population is aging, so the market for home health
aides and medical assistants (with median wages just above $20,000 a
year) is exploding. That's the future we're looking at; we will spend
the rest of our lives caring for our parents, unless we get some
foreign folks to do it for us...
Cheers,
NC
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