Notes

Disruptive 3D Technology Considered
The other day our think tank was discussing the challenges of 3-D printing and how "Capitalism will quickly suffer damage when 3D printing starts to affect the retail distribution chain." Consider if you will that in the future people will undoubtedly be 3D printing in the home using carbon composite layering graphene, metallic materials, plastics, ceramic materials, etc. - people don't need to go to a retail store to buy cheap products, they can merely print them in their living room. Think about the jobs at the major retailers, what about the management in retail, the buyers, truck drivers, warehouse staff? Those jobs gone?

When does this happen - as 3D printing technology matures. How fast will that happen - as fast as it takes for folks to print out the brand new evolutions of these 3D printers at home. Put simply, the technology will outpace the power of the markets to react. Capitalism is great at eliminating losers. The thing is that retail is a loser almost overnight (10-15 years). Enjoy watching more info remaining Macy's Thanksgiving Day parades.

One think tanker who leans left-politically suggested that "We need to prepare government to part of and soften the coming economic shocks. People with no hope of finding work will require food, shelter and healthcare."

Not fast, my capitalist brain screams - you see, yes, disruptive technology always threatens the incumbents in the market-place, but that's okay, if the free-market is working right, everything re-adjusts. If we've crony capitalism subsidizing, or governments nationalizing to prop up dying industries that's whenever we have problems.

In socialism the leaders who use populist themes have to opt for mob rule to bail-out or subsidize such old tech against the onslaught of the new. In free-market capitalism you will have shocks to the machine, but the system can realign on its own and continue forward. Printing Press, Cotton Gin, TV, Air travel, mobile phones, computers, etc. and yes, what comes next may also disrupt and when companies like Boeing have anything to state "It'll fly like nothing else, and GE, DuPont, and other companies will buy up the innovators and make it part of the new business units to carry on.

Why bother propping up things like video rental stores or one-hour photo developing franchises? I guess, I have more belief in free markets, mostly in hindsight. Nonetheless it will only work if we leave our hands from it. more info , minimum wage laws, subsidies, each of them distort free markets, I worry more about this more than the next new thing on the bleeding age in age Singularity and the web of things. Think on this.

Lance Winslow has launched a fresh provocative series of eBooks on Innovation in America. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and today runs the Online Think Tank; http://www.worldthinktank.net.
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