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June 05, 2008

Comments

Fred

All of the high-tech products are mostly used as a transformation agent for the age-old problems/needs. It is an enabler but not the essential for people's life. In the developed country, people spend a fraction of their income on food, energy cost and shelter (home) so there is a large discretionary money to be spend on gagets to improve the quality of their lives. Many young Taiwanese generation living off the wealth of the older generation has a similar life-style. The recent trend in the rise of the engergy cost and the food cost causes inflation. The discretionary spending is reduced so it appears the "gain" in processor speed and network connection speed has no tangible value anymore.

On the other hand, hi-tech is the only mean human know to transform the engery shortage and food shortage problem we have today. It means that more money will be directed toward solving the engergy efficiency, food distribution and smarter healthcare than just building a ever faster computer or network feed. There is always a fashion element in the hi-tech just like the clothing and accessories industry. As you stated in your previous post, the breakthrough technology is always a way to transform the problem to one that is easier/safer/cheaper to solve than the old one.

Lighting is a perfect example. The evolution start from candel to kerosene lighting to tungsten incandecent bulb to compact florecent to LED light bulb. People still use all these products in different setting and applications. The old product will not go away if you give it different meaning. For example candles are used in the ambience setting in bath house and resturants. On the other hand if you have a hard to reach place that need lighting, LED would be the lastest choice as you do not need to change it for 30 years. Most of the traffic light in our town has moved to LEDs for the energy saving and durability.

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