LENR is similar to the pharmaceutical industry were the value of the material that comprises the product is very small, but the worth of the its intellectual capital is very large.
When Jed says that the cost of the power derived from LENR is almost zero, he is inferring that the people who research and develop LENR work for almost nothing. The intellectual value and the associated compensation for the science and testing that is involved in LENR product development will be very high. In the near future, the top students entering higher education will reject life as investment bankers and hedge fund managers for the high pay and prestige of becoming a LENR engineer. Commodification of LERN services must be avoided from the very beginning. In short, the value added to provide LENR based services will be very high and LENR professionals should always strive to keep it that way. * * * * On Sat, Sep 7, 2013 at 8:33 PM, Jed Rothwell <jedrothw...@gmail.com> wrote: > H Veeder <hveeder...@gmail.com> wrote: > > >> No. LENR will be far cheaper than any other source. Eventually it will >>> be thousands of times cheaper. >>> >>> >>> >> Some history on the phrase "too cheap to meter" >> > > LENR will not be too cheap to meter. It will be free. The cost will be so > close to zero it will be negligible. An ordinary person will use no more > than a few dollars worth of water and nickel in a lifetime. The cost of > equipment will be no greater than it is for today's power supplies. You > don't count the cost of the electric motor in your food processor as an > "energy cost." That's equipment. In the distant future it will be a > thermoelectric cold fusion device, which will eventually be as cheap as > today's electric motor. > > People will use energy the way we breathe the air; or the way I use hard > disk storage these days; or the way you burn firewood when you live in 50 > acres of woods. (Except that there is a cost to gathering and cutting the > wood, which there will not be in case of LENR.) > > I commented on Strauss in my book: > > "It is foolish to dismiss the likes of von Neumann or Strauss. They were > wrong by several decades, but in the long term they will undoubtedly be > proven correct. With or without cold fusion, methods will be discovered to > generate all of the energy we want." > > As explained in the link, "too cheap to meter" implies it might be sold on > a flat fee basis by the power company. I say it will be far cheaper than > that. Not sold by anyone. Not accounted for. There will be no power > company. It will be built into every machine. Listing a charge for the > energy supply in your car would be like charging you an extra 3 cents for > one of the screws, or for a 1 cm square section of the carpet. > > - Jed > >
