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[/.] DeBeers shits itself, film at 11. - Adventures in Engineering — LiveJournal
The wanderings of a modern ronin.

Ben Cantrick
  Date: 2006-10-26 19:22
  Subject:   [/.] DeBeers shits itself, film at 11.
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Adia Diamonds (among others) is offering to the public completely lab-made, but even more flawless than mined, real diamonds. These diamonds weren't made by environment trashing strip-mining, or the exploitation of poor Africans. And since they were made in a lab, they're guaranteed not to have been "conflict diamonds", often used to finance civil wars and terrorism in the third world. And did I mention that you can get them for a fraction of the cost of a mined diamond, even though they're bigger and have fewer flaws?

It's going to be very interesting to see how the major diamond cartel, DeBeers, tries to tackle this one. They have a long history of media manipulation and market monopoly maintenance. We'll see if people are stupid enough to swallow the DeBeers marketing and continue paying way more money for diamonds that are smaller, have more flaws, and don't let you select exactly the color that you want...
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Triggur
  User: triggur
  Date: 2006-10-26 21:27 (UTC)
  Subject:   (no subject)
Yeah, that rocks. I've been watching the ongoing development of these things... they can now make quite large diamonds and as you said, remarkably flawless.

And yes, DeBeers are shitting themselves. They've put out a program to help 'educate' people how to spot 'fake' diamonds.

I would love to see these people walk all over DeBeers. I'd love to see DeBeers' giant warehouses filled with artificial-scarcity diamonds become comparatively worthless.

But most of all I want diamond-substrate chips. Bring it on, baby. :)
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Ben Cantrick
  User: mackys
  Date: 2006-10-26 21:55 (UTC)
  Subject:   (no subject)
But most of all I want diamond-substrate chips.

Hell yes. The massive multicore spawnoff shows how much we're running up against the barriers of silicon. It's time to let the materials scientists work their magic again...
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