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I think the Internet will do a lot to lessen the effect of this when it does happen. People who can work from home probably will, when it costs a quarter to hal
by robryan 17y ago
I think the Internet will do a lot to lessen the effect of this when it does happen. People who can work from home probably will, when it costs a quarter to half your days wage just to make it to work it will offset any benefit you get by having a team in the same building.
Also online distribution, things like books might become prohibitively expensive in the physical form and drive everyone to ebooks, all creative products really.
- synnik 17y agoBut the electricity powering the Internet is also somewhat oil-based, depending on exactly what fuels you local plant runs. It may not impact the individual homeowner, but the costs of the data centers and network providers will increase alongside oil prices.
- robryan 17y agoTrue, without any specific knowledge I would guess that power online services would still be more economical than revering back to an offline business model. Sure the costs will go up but freighting costs will go up more.
- philwelch 17y agoVery little electricity is petroleum based anymore. Depending on region it's mostly coal, hydro, or nuke.
- synnik 17y agoIt depends entirely on pricing. Most "coal" plants switch between coal and natural gas based on current market trends. And even if coal is burned, the fuel to get the coal to the plant is petroleum-based. There are a lot of complexities involved. Of course, working in the natural gas industry, I only have limited knowledge. :)