Re: structures and utilities breaking in the 21st century
We can already produce diamonds, though they are not gem quality and are used for industrial purposes.
I think a lot of this comes down to needing repeat customers. Let's say one manufacturer makes a lightbulb that they theorize will last a 100 years. Now they run off several hundred million copies and sell them, but then what? OK, maybe they happen to reach world wide status, in which case we're talking billions, but what then. People get greedy and they feel the need to make more and more and more. They can't be content with the profits and just be done with it. They can't invest in mutual funds and so forth and live off the dividends, or put the money in a high yield savings account and live off the interest. They have to be out there making more money.
When you do that, you're building a system that just happens to have a lot of moving parts. It's an economy but in the way the model works, it's more like an ecosystem. Then we get to the point we're at now, where a device could cost an extra 3 cents per customer but also have some upgraded part which would no longer be the root cause of a quarter or more of the failures.
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