3D printing, the end of scarcity based economics for many products

A meme based on a  popular meme chastising people for their downloading of copyrighted material.

A meme based on a popular meme chastising people for their downloading of copyrighted material.

When I first heard about 3D printing I thought wow this changes everything. Of course 3D printing has been around for quite a while but 3D printers have been designed to print out most of their own parts  so its a technology that can really be at the command of the average person. The possibilities are endless, and it s a game changer, anyone can print anything that has been designed and anyone can design new things.  Warehouses are no longer needed and inventory is a redundant. Want it, find or design it and then print it. No fiat currency required. Other planned developments are plastics that can be grown for root vegetables and also be recycled  back to fertilizer.So one day you will be able to download a car.

https://www.youtube.com/watch?feature=player_embedded&v=X5AZzOw7FwA

Posted on March 3, 2013, in Economics & Finance, Physical resources. Bookmark the permalink. 1 Comment.

  1. infinity3dprinting

    Great video to watch. Very informative. 3D printing is an amazing technology where we can create wide variety of 3D objects which can be helpful in many ways. The 3D printing technology has given a boost to the economy in many countries. With the increase in the competition of 3D printing the technology has also become affordable which is a great news for everyone.

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