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Well, would you consider the Internet to be disruptive? Guess what; that was a government project. Libertarian capitalism isn't the only source of disruptive i
by esarbe 6y ago
Well, would you consider the Internet to be disruptive? Guess what; that was a government project.
Libertarian capitalism isn't the only source of disruptive innovation. I'd even go so far and say that without government intervention, disruptive innovation cannot be created.
In your own example; by forcing technology to be carbon neutral, the EU forces companies to innovate out of well trodden paths and to consider new paradigms that otherwise would be worth cost. LED light technology wouldn't be where it is today without governments forcing out incandescent light bulbs.
- betterunix2 6y agoI did not say government projects do not count, I said government projects yet to be completed do not count, because incomplete projects have not disrupted anything. The fact is that you can only identify disruptive innovations post facto -- plenty of inventions that were supposedly going to be disruptive wound up being flops that have been mostly forgotten (easy example: the zeppelin). As I said, "I guess I'll stay tuned, and maybe change what I said in 30 years once these projects are finished..." Edit: To your other point about the EU forcing companies to innovate, the reality is that innovation cannot always be forced. The effort could simply fail to achieve its goals, or it may turn out that the technology needed to achieve those goals is not economically viable, etc. It is also possible that the innovation will not actually be disruptive, it may wind up augmenting existing industries and allowing those industries to grow by balancing their carbon emissions with e.g. some kind of carbon capture (powered by existing renewable technologies, avoiding the need for things like base load by being opportunistic with carbon capture), never actually challenging the status quo or enabling anything that would be unthinkable today.