Sitting here in Silicon Valley, it’s easy to get caught up in all the tech talk. Yesterday’s newspaper had a major story about how the semiconductor industry is sounding the alarm bells because Moore’s Law will come to an end in 2020. The article goes on to tell us that we should all be concerned because, without Moore’s Law continuing, we (presumably Silicon Valley and the U.S. at large) will not be able to be first with the latest in HDTVs and other electronics gear that will be all the rage in 2020 and beyond.
I can remember the day when issues like that seemed important to me. It wasn’t that long ago. But seriously, is that really cause for alarm? If I can’t get the 120 inch HDTV and must force myself to be satisfied with my 110 incher for an extra year or two, is that really cause for alarm? Many of us are beginning to realize that the answer to that question is obvious.
But the responsible capitalist in me wants a say as well. The issues go beyond whether or not I need a bigger TV. For instance, what happens to the jobs of those people who don’t get to build the 120 incher? And what happens to the companies - not just the producer, but all of the upstream suppliers and downstream wholesalers, distributors, and retailers? The answer is that there’s just as much economy - just as much of an opportunity for the motivations and efficiencies of capitalism - in the green economy as in the old economy.
Because the “next generation HDTV” that consumers want is *not* the 120 incher. It’s the 110 incher that is designed by eco-engineers (educated in new technologies) with eco-friendly materials (based on new research) that uses renewable energy sources (solar panels installed by local laborers) and is 100% recycleable into the next generation of HDTVs. In other words, the “next generation” is not necessarily bigger, but it *is* greener. And making things greener means a total re-tooling of our economy…and when you re-tool, you create jobs and opportunities throughout the economy.
So no, I’m not worried about Moore’s Law coming to an end. We already have the “green law” which represents a huge engine for growth while also improving everyone’s quality of life.
Kent
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