I remember in high school I read an article about government’s private war with scientists that know too much. One famous battle which I will not get into is with the scientist Nikola Tesla who claimed he could pull electricity out of the atmosphere.
What people don't think about is how such a technology could ruin the economy. Think of how many jobs would be lost if energy was now free. In order to save the economy the government would be forced to charge for the atmosphere and only allow the power companies access. In this case however we would still lose jobs from the fuel industry. It’s a no win scenario unless you change many things which few ever think about.
So when something comes around that only makes things more efficient it has less chance of being squashed by government and business. The video below shows such a breakthrough. It provides minimal job loss. And even though we may all have this in our home we will still need some fuel to run it.
Business will compensate by:
Reducing their headcount since the demand for fuel is lower.
Raising fuel costs to compensate for any other loss of profit.
Public will not benefit as the price of fuel will increase.
If you are concerned about the environment then this is a win / win scenario.
So what is the opposite of job loss anyway? It is job creation, socialism or something else?
One has to wonder with all the job loss coming why our work week has not been reduced to 20 hours a week.
Watch CBS News Videos Online
Wednesday, February 24, 2010
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