<[email protected]> wrote:
> Furthermore that market has > the advantage that licencing is simpler (as Rossi points out). > As I said: may-bee. I wonder if Rossi knows what he is talking about here. He has, shall we say, a creative approach to business strategy. He comes up with one-of-a-kind strategies. >From what I have seen, large installations require as much licensing and safety testing a small ones. In any case extensive testing will be needed. $20 million will hardly begin to pay for it. I expect development, testing and licensing costs will be similar to those of the Toyota Prius; i.e. ~$1 billion before you can sell the first gadget. Venture capitalists who are not thinking on that scale, or who are incapable of investing on that scale, are probably wasting their time. In my ICCF17 presentation I supposed the R&D budget will be something like the present a budget for semiconductors; $48 billion a year. That would mean 50 products introduced every year; one per week. When I say products I mean an SUV one week, a line of home generators the next. The budget might be $300 billion a year for all I can predict. It will not be $20 million. That's absurd. $300 billion may seem like a lot but it is $1000 per capita for everyone in the U.S. I am sure we will soon be spending a lot more than that for cold fusion powered products. Think of how much we spend on food, cars, or electronics, per capita. That's the scale of spending on cold fusion we can expect. - Jed
