Actually, Cabe, I hate to bring politics to an engineering discussion but we may be detecting the onset of Hyperinflation...needing a wheelbarrow full of money to buy a loaf of bread. The Wikipedia article on hyperinflation contains no less than 40 examples of hyperinflation all over the world. "Causes: Hyperinflation occurs when there is a continuing (and often accelerating) rapid increase in the amount of money that is not supported by a corresponding growth in the output of goods and services." The assumption that it cannot happen in the United States is an exercise in hubris.
CES announces the arrival of new goods before increased demand and economies of scale in production costs can kick in. $80 for a wireless stylus, $350 for the new LEGO Mindstorms. Early adopters feel it first. Hang onto your hat when hyperinflation hits fuel and food... =\
To be honest, everything at this year's CES that is available to buy is way too over-priced. $80 for a connected stylus, $30,000 for a 4k TV, $350 for the latest LEGO Mindstorm, it's just too much. It is as bad as buying a Pepsi on the CES showroom floor, $5 to $7 for a 20oz bottle.
Is this a result of the prior recession or a sign that people are will to shell out the cash for novelty?
Truchard will be presented the award at the 2014 Golden Mousetrap Awards ceremony during the co-located events Pacific Design & Manufacturing, MD&M West, WestPack, PLASTEC West, Electronics West, ATX West, and AeroCon.
In a bid to boost the viability of lithium-based electric car batteries, a team at Lawrence Berkeley National Laboratory has developed a chemistry that could possibly double an EV’s driving range while cutting its battery cost in half.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This discussion will examine what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.