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Antediluvian wrote..

. . . there probably is enough tech there to really bail out Greece.

What makes you believe that? What strikes me as remarkable about this is that it appears to be quite low tech.

IF this were to be demonstrated as a feasible system, I would think that legal niceties such as patents, etc. would not be able to stop many companies or nations from appropriating the tech for their own benefit. For example, many countries have taken the attitude that patents don't apply when they feel they have a need for medicines and their doing so was unable to be stopped - the fact that this was made retroactively legal by many pharma companies giving them licenses for free or close to free after these countries initiated production on their own was, IMO, just a means for those companies to get at least some PR benefit since they sure weren't getting any monetary returns from those countries for their medicines. Even here in the US, there have been reports that the gov't has cited national interest for expropriating inventions for exclusive DoD use, thus depriving some inventors of the opportunity to cash in in the open market.

I would think that these examples would be repeated if this were to actually pan out. Sure, the inventors and original developers would become rich, but I doubt that Greece itself would be able to retain a significant share of the benefits of this technology as it spread over the world.

2011-10-28 15:45:58


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