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Nov 25, 2009 5:50 pm |
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re: re: re: MYT Engine |
Thomas Holford
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Ken Hilving sayeth:
> The engine looks promising.
> Forget the retrofit business aspect for a moment. While this is a step towards getting a better engine in an existing vehicle, and proving the value of the better engine, the goal ought to be getting better engines in new vehicles.
> The best approach might be as a stand alone engine manufacturer. The precedents for this include Briggs & Stratton, Cummins, and in the computing environment Intel and AMD.
I don't disagree.
I was just responding to the inventor's statement that he wanted to use his invention "to create jobs". An attitude like that is sure to lead to a business diasaster, force fit the technology to an inappropriate application, and maybe tarnish the technology as a "flop" for the rest of history.
My point is: find the best possible application for the technology where it will add the greatest value and have the greatest chance for success. Let others admire the success of the technology and come up with other suitable applications for adapting the technology. Let the application of the technology grow naturally and organically, based on the motivation of businesses and entrepreneurs to solve problems and make profits.
WHEN this happens, an abundance of jobs will be created.
It is utter folly and vanity for politicians and social theorists to dream up pointless schemes to "create jobs" unrelated to any consideration of "value added" or "profit enabled" by the jobs.
"Jobs" can by created by governments over-taxing productive people and paying under-performers to dig holes and fill them up. The politicians crow about the "jobs created" but never account for the "jobs destroyed."Private Reply to Thomas Holford (new win) |
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