[Ipg-smz] Why I'm not going to CES
M. Fioretti
mfioretti at nexaima.net
Thu Dec 13 18:02:49 UTC 2018
December 13, 2018 4:22 PM, "Richard Santalesa" <rsantalesa at smartedgelaw.com> wrote:
> What companies are making decent ROI money off "climate change"...
as I said, even ignoring climate change COMPLETELY, that is "only" looking at pollution,
scarcity of raw materials etc... there seem to be plenty of reasons, for *private* investors only interested in profit, to not put their money into stuff that *increases* the energy and material requirements of the average household (rich people already have other people folding laundry for them).
Again, never mind climate change. Iot forecasts declaring "50 billions new connected obiects in the next ten years, invest here" are based on the certainty that there will be so much more raw materials to make all that stuff, at really affordable prices... how realistic are they? This is a side of the picture that I constantly see missing.
Marco
> that isn't a
> factor of govtl tax credits or subsidies? Once sold all the downstream
> costs are offbook...
>
> -----Original Message-----
> From: Ipg-smz [mailto:ipg-smz-bounces at netpress.org] On Behalf Of M. Fioretti
> Sent: Thursday, December 13, 2018 8:20 AM
> To: ipg-smz at netpress.org
> Subject: Re: [Ipg-smz] Why I'm not going to CES
>
> December 11, 2018 1:54 AM, "Tom Henderson" <thenderson at extremelabs.com>
> wrote:
>
> one thing that daily amazes me is how much stuff like this there is around,
> that completely ignores issues like climate change, or even ignoring that,
> pollution, or scarcity of raw materials. And I ONLY mean from a VC point of
> view. I find it amazing that things like these still get funding, really. As
> an investment, company making certain products should be attractive to
> investors like car makers still making cars as they did in the 50s.
>
> Marco
>
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