by theluckycountry » Mon 27 May 2024, 02:30:39
$this->bbcode_second_pass_quote('Graeme', '[')b]Citi: These 10 Technologies Will Utterly Transform The World
Electric Vehicles
Description: Citi’s interesting suggestion, from analyst Itay Michaeli, for wider market goes like this: “The consumer purchases a new EV at a much lower price ($11-13k depending on size/ cost) and does so worry free of any residual value risk tied to future battery technology advancements. The operator would own the batteries, bill customers and operate battery switching stations that allow consumers to quickly (and robotically) switch batteries when desired or when taking very long drives.”
Insane stat: Tesla plans to offer a Gen-3 model priced at $US35,000. “A $US35k price point is historically what’s required...
Ahhh yes, those predictions were so full of hope and unicorns, now they are starting to look like the pinwheel space-stations that were sold to the public in the 1950's. Gotta love sci-fi.
From orbiting solar panels to massive Green hydrogen plants it has all been discussed on this thread. So where are we?
The End of Science as a Useful Tool https://thehonestsorcerer.substack.com/ ... seful-tool$this->bbcode_second_pass_quote('', 'D')espite the rapid roll-out of seemingly newer and shinier than ever technologies, something seems to be amiss with science. The symptoms however — like a radical fall in new discoveries, the rise of flat earth theories, burgeoning bureaucracies, the politicization of results — are just that: indicators, not the root cause. But why is that so? What is really going on?
Before we delve into the matter, let me make a very important distinction right at the start. Technology is not science. It is the application of scientific discoveries. Science is the systematic study of the structure and behavior of the physical and natural world through observation, experimentation, and the testing of theories against the evidence obtained. So when your colleague at work, your uncle or your drinking buddy waves their newest smartphone as a sign of “unstoppable progress”, what he or she is actually demonstrating is the lack of scientific discoveries, and the industrial scale refinement of technologies based on a set of already established principles. Let me explain.
As most of you already know, I have been working for large, multinational industrial companies for the last eighteen years of my life. I have first hand experience with how products (especially electronic ones) are developed, tested, sourced then manufactured. I took classes (both in the University and as part of my training curricula at work) on innovation management, procurement, manufacturing technologies and so on. All throughout these classes, though, there was one sure warning sign for the lack of progress highlighted by my teachers. Burgeoning version numbers.
Generally, it’s OK to have generation two or three from a product, offering incremental (or even radical) performance improvement over the original version, but by the time you roll out version four or five you should be definitely working on the next big thing. And not just theorizing about it, but actually designing, testing, and preparing to industrialize it. If you reach version ten, with still no new idea what to do next… well, that means that your company has turned into a mausoleum, and no longer functions as an innovative institution. And when the entire industry you’re in keeps hitting the repeat button with every product release, then you know that you are in trouble. A big one.
Let’s take cell phones for example. In essence they’re all based on the scientific discovery of radio waves, semiconducting materials and electrochemical processes needed to build batteries. Phones are applied science, or as we like to call it: technology. The existence of radio waves, for example, were proved by Heinrich Hertz in the late 1880s already. The technology of building ever smaller radios has developed ever further since then, until they got small enough to be slid into a pocket. So when next time someone waves a smartphone as a sign of scientific progress, kindly remind them that they are holding the results of a 140-year old discovery in their hands.
This is the point where the topic of burgeoning version numbers comes into the picture. What is the latest iPhone model? Number fifteen? Oh, and that’s not even counting that the first smartphone was not even designed by Apple. Actually, this title goes to the IBM Simon; dating back to 1994. That means, if you celebrate your thirtieth birthday this year, than you are as old as the smartphone. Now, do you know when was the first lithium ion battery developed, and by whom? Well, not as recently as you would expect:
In the early 1970s, Exxon scientists predicted that global oil production would peak in the year 2000 and then fall into a steady decline. Company researchers were encouraged to look for oil substitutes, pursuing any manner of energy that didn’t involve petroleum. Whittingham, a young British chemist, joined the quest at Exxon Research and Engineering in New Jersey in the fall of 1972. By Christmas, he had developed a battery with a titanium-disulfide cathode and a liquid electrolyte that used lithium ions.
Yes, if you are 52 this year, you are as old as the Li-ion battery. Sure, many refinements were made since then. These products got lighter, faster, cheaper and more widely available. But the very fact that we haven’t started to roll out anything new but version 234 of these technologies should be at least concerning. And it doesn’t stop with smartphones: Modern looking jet planes roam the skies since the sixties, and they didn’t get much faster or more comfier since then, only somewhat cheaper to operate. In fact, the Concorde had managed to reach 2179 km (1354 miles) per hour in 1969 already, the same year the US sent people on the Moon, and just 22 years after the very first supersonic flight was made by man. With the retirement of supersonic passenger flights, one could say, we are actually progressing backwards.
If you had been knocked unconscious during the first battles of WWI in 1914, and awoke 55 years later in 1969 you could’ve rightly say that the world has completely changed. Steam locomotives were replaced by diesel, then fully electric trains, while flimsy wood and textile planes powered by a loud and weak combustion engine were superseded by all metal sub- and supersonic airplanes of all kinds. Nuclear reactors, supercomputers, new surgical techniques, antibiotics etc. — things no one had the idea in 1914 that could even exist — have by then all become a practical reality.
Now, should something similar happened to your head in the year of the Moon landing, and you were awaken today… Well, you would see roughly the same looking airplanes, and even the same muscle cars from the very same brands. You would be eating at the very same fast food restaurants, drive on the very same highways and through the very same bridges as you did in 1969 before your accident. ‘OK, we’ve got smartphones, e-mails, GMO corn, and now AI, but aren’t these all just incremental steps over already existing technologies? Apart from gene sequencing have we made any new scientific discoveries, like splitting the atom…?’— you might ask. And rightly so.