Quote:
Originally Posted by Kope
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Actually I've also heard a few people propose we transition to a type of "selling advancement and maintanence" economy.
We would sell technological advancements to countries and charge them for upkeep to a degree, but we would put almost all of our investments into R&D. I actually love this idea but I honestly don't see how it would be sustainable for long periods of time once people start getting caught up, unless we really develop technologies at an astronomical rate.
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This would only work if we invest in education /technology now. Countries already have a head start with full fiber optic networks setup from the ground up, while we are STILL trying to keep a slow copper infrastructure now. Most telecom companies do not want to spend the money to upgrade our core at this time. Remember Comcast in the early 2000s? They spent a GIANT nut on infrastructure, immediately went bankrupt, and wiped that debt out. <3 the bankruptcy laws about 12 years ago.