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Monday, April 28, 2008 - 11:55amSanction this postReply
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Very good article...

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Tuesday, April 29, 2008 - 6:51pmSanction this postReply
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Indeed, a most excellent contribution.

The success of the computer revolution was a textbook example, a laboratory case, of why capitalism is successful. Entrepreneurship thrives in the absence of government intervention. There are no guilds and no government licensing for programmers.  There is no Federal Bureau of Computing, no Software Protection Agency, no Code Code, no ROM and RAM Administration.  Anyone could be a computer programmer simply by claiming to be one -- and the market sorted out the skill sets.  So, computering saved the world.

Image what would have happened had President Carter been re-elected.    Silicon Valley would have become Death Valley. 

When you read about how Fairchild was created, and the became the parent of the "Fairchildren" you see that this has nothing to do with "government" per se and everything to do with individualism and initiative and risk and profit.

The future of 1950 -- the Gernsback Continuum -- was created by the computerists.  Like many Objectivists, I give emotional support to the exploration and exploitation of space, but realistically, the goverment monopoly has been a millstone around its neck, pulling it back down to the ground.  That is why there is no Moon Base, no Mars Colony, no Space Wheel.  Meanwhile, we have cyberspace, a reality that evolved faster than the cyberpunk science fiction theorists could write.

SEMATECH (SEmiconductor MAnufacturing TECHnology) is a non-profit consortium that performs basic research into semiconductor manufacturing. It was conceived of in 1986, formed in 1987, and began operating in 1988 as a partnership between the United States government and 14 U.S.-based semiconductor manufacturers to solve common manufacturing problems and regain competitiveness for the U.S. semiconductor industry that had been surpassed by Japanese industry in the mid-1980s. SEMATECH was funded over 5 years by public subsidies coming from the US DoD via DARPA for a total of $500 million.
Following a determination by SEMATECH's Board of Directors to eliminate matching funds from the U.S. government after 1996, the organization's focus shifted from the U.S. semiconductor industry to the larger international semiconductor industry, abandoning the initial U.S. government-initiative.[citation needed] During the mid 90's the organization's name was changed to International Sematech to reflect its international composition and in September of 2004, changed back to SEMATECH. Nearly half of the 15 current member companies in the SEMATECH consortia are non-US corporations.
SEMATECH currently has three subsidiaries, the Advanced Technology Development Facility (ATDF) established in 2004, the Advanced Materials Research Center (AMRC), and the International Sematech Manufacturing Initiative (ISMI).
Wikipedia -- Sematech

Actually, $250 million of the original $500 million was returned to the government.  (Find any other government program where that happened.)  The program was lackluster at best.  The industry "caught up with the Japanese" on its own.  The entire intent of an "American initiiative" was abandoned in for global capitalism.

The computerists have their heads screwed on right.
Now, we just need to bring the rest of the world along.


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Tuesday, April 29, 2008 - 10:10pmSanction this postReply
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Warren:

Thanks for posting this. I also agree that it is an excellent article pointing out an extremely important tactic used by the enemies of reason, whereby they first postulate (i.e. forecast) some expectations which, when unrealized, are silently converted from the unrealistic projections that they are into "facts" which demonstrate once again our human failings; faults which can only be "corrected" through further government intervention forcing us to do what is "right" so that the desired ends may be achieved. It is the same strategy used by every dictatorial regime throughout history.

Regards,
--
Jeff

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Wednesday, April 30, 2008 - 11:28amSanction this postReply
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I posted the link, but Coyote Blog's Warren Meyer did a great job composing this post.

I initially found the blog when I ran across his 60 Second Refutation of Socialism, While Sitting at the Beach post, which I also recommend to Rebirth of Reason readers.

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Wednesday, April 30, 2008 - 11:42amSanction this postReply
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Thanks Scott. The second link is also a great read.

Regards,
--
Jeff

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Monday, May 2, 2011 - 8:27amSanction this postReply
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This will fix the broken link. Then, scroll down to April 22, 2008.
http://www.coyoteblog.com/coyote_blog/2008/04


This is a long article responding to a Paul Krugman column.  In brief, Krugman said:

"Much of what I did back then was look for estimates of the cost of alternative energy sources ...   And the estimates ... were optimistic. ...  None of it happened. ...  You might say that this is my answer to those who cheerfully assert that human ingenuity and technological progress will solve all our problems. For the last 35 years, progress on energy technologies has consistently fallen below expectations."



To that, Warren Meyer replied (in part):

First and foremost, the fact that forecasters, whether they be economists or science fiction writers, are wrong on their forecasts does not say anything about the world they are trying to model — it merely says that the forecasters were wrong.  The fact that the the Canadian will be wrong in its prediction that 4.5 billion people will die by 2012 due to global warming does not mean that the physical world will somehow have changed, it means that the people at the Canadian are idiots. 
[...]
But his key statement is that progress on alternative energy technologies has consistently fallen below expectations?  Whose expectations?  Certainly not mine, or those of the knowledgeable energy industry insiders, who have been consistently pessimistic about most of these alternatives over the last decade or two.   Perhaps they have fallen below Krugman’s or Greenpeace’s expectations, but so what?
[...]
One of the reasons that these technologies have not advanced much is due to the absolutely staggering advances in oil exploration and production technology.  The last 35 years has seen a revolution, from computer reservoir modeling to horizontal drilling to ultra deep sea oil production to CO2 floods, it is in many ways a totally new industry.
Here is the way to decode what Mr. Krugman is saying:  It is not that the energy industry is not making huge technology gains, but that it is making gains in areas that Mr. Krugman did not expect, and, even more likely, it is not making its gains in the areas that Mr. Krugman wanted them to be.


The entire post is well worth the read.  I put Coyote Blog in my favorites.  At the next update, I will add to the list on my own blog, Necessary Facts.

(Edited by Michael E. Marotta on 5/02, 8:29am)


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