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I feel like this record has been played a lot. Pun intended. Back in the day, horology went through the "quartz crisis" when quartz watches entered the market.
by themartorana 11y ago
I feel like this record has been played a lot. Pun intended.
Back in the day, horology went through the "quartz crisis" when quartz watches entered the market. The pendulum swung back, and mechanical watches are magnitudes more expensive and desirable than their quartz cousins.
Audio went through the same thing - digital replaced analog and became exceedingly cheap. Now the good money is in vacuum tube amps; good record players cost thousands, and people pine for the warmth of analog.
I imagine the same will happen here. Maybe not to the same degree... But that penny analog book probably still costs several hundred times for the digital download. E-books are a convenience and the way of the future. But purists will always hold onto books, and rare books will become more and more valuable. The dog-eared copy of Huck Finn that's worth $10 today will be worth magnitudes tomorrow after the pendulum swings back.
Technology disrupts right up until people have a crisis of nostalgia, and realize all isn't inconvenience in an analog world.
- WalterBright 11y agoMy old mechanical watches are still worthless.
- m52go 11y agoThis is definitely happening in the collector car world, where the simpler, lighter, manual gas-powered examples are being bid up in price dramatically as porky, computerized, electric cars are introduced.
- rtpg 11y agoWay off topic now, but I'm pretty sure that a Tesla's components (basically an electric motor and some batteries) are way simpler than all the shenanigans you need to turn explosions into spinning wheels. Though I guess you're more referencing ICEs with more computerized control systems..