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Interestingly enough, this starts to bring up questions that have previously only been super active in science fiction circles, particularly, Star Trek: If you can perfectly recreate something down to the molecular level, what actually has value? (Assuming, someday, that synthetic versions are excessively cheap, in Star Trek's case.) If you can replicate cooked food perfectly, will people still claim that "real" food…
tldr: De Beers is going to sell synthetic diamonds, after having vowed they wouldn't. (The already did but limited the synthetic ones to industrial applications.) Price will be ~1/10th that of naturals. My reaction: "Oh, come on, this is the most insidious monopolist on the planet. What's the catch?" I think this is it: >The new synthetic diamonds will come in pink, blue and white, and the stones will contain a tiny…
Unless if Lightbox can make their diamonds significantly cheaper than their competitors, I don't see why anyone would choose to buy a diamond with a logo on it.
"De Beers launched a new jewelry brand on Tuesday [...] The brand, called Lightbox [...] will transform the lab-grown diamond sector by offering consumers a lab-grown product they have told us they want but aren't getting: affordable fashion jewelry that may not be forever, but is perfect for right now,"
Genius attack from marketing.
Earlier quoted context omitted.
Or the staggering number of anti-GMO laws and business ad campaigns.
Educated people who hate GMO are instant signal that they don’t understand science. A good filter
Are there any perceptible differences between these and 'natural' diamonds?
Earlier quoted context omitted.
Or the staggering number of anti-GMO laws and business ad campaigns.
Educated people who hate GMO are instant signal that they don’t understand science. A good filter
"Lightbox will transform the lab-grown diamond sector by offering consumers a lab-grown product they have told us they want but aren't getting: affordable fashion jewelry that may not be forever, but is perfect for right now" This is clearly a play to devalue the image of man made diamonds. "May not be forever" my ass, it's the exact same thing. Their goal is probably to try to quickly drive the price of man made dia…
Interestingly enough, this starts to bring up questions that have previously only been super active in science fiction circles, particularly, Star Trek: If you can perfectly recreate something down to the molecular level, what actually has value? (Assuming, someday, that synthetic versions are excessively cheap, in Star Trek's case.) If you can replicate cooked food perfectly, will people still claim that "real" food…
Not really, because “real” diamonds have very little intrinsic value. Now if we could cheaply manufacture Platinum, or your example of perfectly cooked food, your point would start to be relevant here. As it is, diamond is already a very artificial market.
Well, you're quite exaggerating here. Diamonds actually have some very useful physical properties, in particular regarding their hardness, thermal conductivity and optical properties.
https://en.wikipedia.org/wiki/Material_properties_of_diamond
Earlier quoted context omitted.
Unless if Lightbox can make their diamonds significantly cheaper than their competitors, I don't see why anyone would choose to buy a diamond with a logo on it.
"De Beers said the logo won't be visible to the naked eye"