Posted on 08/26/2019 12:02:04 AM PDT by 2ndDivisionVet
One of history’s greatest investors, Warren Buffet, turned a group of textile mills into a massive global powerhouse conglomerate with his ability to find sound companies in which to invest.
Serious investors everywhere look to the Buffets throughout the history of share market investing for insights. Buffet’s partner at Berkshire Hathaway talks about the need for investors to become “learning machines.” Here is what he had to say about a key ingredient of Buffet’s success:
If you watched Warren Buffett with a time clock, I would say half of all the time he spends is just sitting on his ass and reading. And a big chunk of the rest of the time is spent talking on the phone or personally with people he trusts.
The Internet has enabled thousands of investors with the time and temperament to read anything they can relating to the investing environment. Websites representing different business sectors abound, many of them free. Given the predominant position of mining in the Australian economy, one such site that should be on the radar of all devoted Aussie investors is austalianmining.com.au.
A recent promotional email sent by australianmining.com.au featured a white paper entitled Buyer’s Guide to 3D Printing and Manufacturing from US based MarkedForged, a privately held provider of 3D Printing Systems.
(Excerpt) Read more at thebull.com.au ...
just ask a printer with a printing press. printing was analog, now it’s almost entirely digital.
manufacturing goes the same way.
I don’t know and neither does that article.
Will 3D Printing Ever Live Up to its Promise?
YES
A 3D printer is a computer that follows a list of instructions created by brilliant human minds. The printer not only manipulates data but can manipulate physical objects. The 3D printer is actually a type of robot. This robot never tires, never sleeps and faithfully performs its assigned tasks.
Devices such as 3D printers are amplifiers of human abilities. They are smart tools that will eventually do things so amazing that they will appear to be like magic. They will enable us to expand time since they have the potential to manipulate matter very quickly. They can be designed to operate at micro and macro levels that the human body is ill-equipped for.
We are at the beginning of the age of automation...things are going to change a great deal, and quickly.
IMO there will never be broad, strong AI...only narrow AI. And that is for the best. But even rudimentary AI will be able to mimic actual intelligence and be convincing. This is because it can access so much data so quickly that it will appear to actually be aware. It will look up a proper response from trillions of possible responses and very quickly present that to a user.
Mankind will soon have many, many billions of tireless digital workers that will turn our dreams into physical reality.
Human genius (designed by God) amplified to unimaginable levels.
We must make certain this power is never wielded by dangerous fools of evil intent!
The first use of any technology is pretty much always people with evil intent.
The major challenge, as I see it from my armchair, is going to be the refinement of materials and material properties. Many metal components have very specific crystal structures that are developed by specific manufacturing processes, and a 3D printed piece, at least as made by current technology, is not going to have the necessary structure. Future tech may be able to replicate more of that, but traditional manufacturing processes will be required for many years to make a lot of what need.
Oh, and that doesn’t even begin to address process speed. That’s a whole other hurdle to get over in the 3D world vs. traditional processes...
however, it's another method to made stuff -- and something it makes more sense to use forging and the specific mechanical properties it gives, rather than casting or 3D printing.
3D printing won't live up to the HYPE which was that it would replace everything. But any serious engineer already knew that.
Yes.
But like eInk dispknow. AR and VR, it is just being goofed around with on the edges and not aggressively being made into something consumers will want to buy.
Why? Dont jnow.
Self sealing stem bolt?
CC
Can 3D printing produce a part with a perfectly smooth surface yet?
What does "perfectly smooth" mean?
Bonus question: how long is a coastline?
“A 3D printer is a computer that follows a list of instructions created by brilliant human minds.”
A 3D printer is only one type of digitally controlled machine that forms a raw material into a desired shape.
Each type of material-forming machine has its strong and weak points.
Most of your post is about smart tools and AI, not 3D printing.
Artificial Intelligence has been around long before digital computers. Why do I know that? Because “Artificial Intelligence” doesn’t really have much meaning.
Of course it will. However, it's like the automobile industry of a century ago. Automobiles have certainly lived up to their promise of the last century. Investors, though, had to invest in the RIGHT automobile company. Many who didn't lost their shirts, and more. Just think of where you would be now, if your grandfathers had invested in Ford, instead of Durand, or Elgin, or even Apple (Automobile Company).
The trick is not to invest in the industry, it's to invest in the right company. Which it is, I have no clue.
I don’t know. What was the promise? To “print” a working smartphone at home? to “print” a new cat? I didn’t expect much, and I wasn’t disappointed.
It is also a way to make inexpensive prototypes, and tooling that replaces hard tooling made by CNC milling machines.
I mean a surface that is equivalent in quality to that of a cast or molded part.
As the price of 3D printers comes down you will see the advantages.
For example, at the dentists office. Most currently get crowns made at another location. Eventually, most dental offices will make your crown in house. It is possible to make then the same day or with in the hour. No more come back next week or in 2 weeks. No more need for a temporary crown while your new permanent crown is made.
FYI, the two in my mouth were made in Taiwan.
Will there ever be a reliable light bulb?
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