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Brexit, The Economy and House Prices (Part 2)

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Comments

  • GreatApe
    GreatApe Posts: 4,452 Forumite
    I completely agree, they'll never replace most manufacturing of food, or whole cars, but a lot of manufacturing is actually assembly work (e.g. cars). The actual production of the parts on the other hand, including for cars, are areas ripe for additive manufacturing. Once 3D printers are fast and accurate enough, why would I waste money machining billets down when I can use additive and save a lot of material - CNC milling machines are expensive capital equipment and use a lot of power, so they don't have anything over 3D printers in that regard.

    Anything with sufficient volume to have casts is safe, granted.


    So how are they going to change the world if they will be for much less than 1% of all manufacturing? Possibly closer to 0.001% of manufacturing.

    They wont be in peoples homes (except hobbyists)
  • cogito
    cogito Posts: 4,898 Forumite
    The EU has MEPs allocated proportionate to population (like US representatives), and the European Council has the heads of state (1 per) for each member (like US senators). There's really a lot of overlap in how they work in principle. A lot of the differences are down to the fact the EU is moving towards a US like system, but not quite there yet.

    There is a huge difference between them in that the US senate has legislative power and the European Council doesn't. In reality, there is little similarity between the US and the EU and until such time as there is monetary union including fiscal transfers, there never will be. Germany would never allow itself to become bankroller for the likes of Greece.
  • GreatApe wrote: »
    So how are they going to change the world if they will be for much less than 1% of all manufacturing? Possibly closer to 0.001% of manufacturing.

    They wont be in peoples homes (except hobbyists)

    I'm not convinced of that percentage. Also when a new technology changes a process, it opens up possibilities we won't be thinking of yet. I hate to use the kettles example but it's really stuck in my head. At the moment kettles are made using casts because that's cheap and effective. It also means there is little variation in the products on the market. With more advanced 3D printers, I could start a business making lots of varieties of kettles to suit all tastes (can't believe I'm typing this haha)... the marginal cost of a new design is purely the design on a computer. the 3D printer doesn't care if it's making 1000 of the same design or 1 of each of 1000 designs, in a same way a photocopier will take the same time and cost printing 1000 different pages or 1000 copies of the same page.

    In peoples homes is less likely, but I think machines accessible to the public (like shops that have photocopiers) would appeal in the future, although were probably rather far off from that just yet!
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    I'm not convinced of that percentage. Also when a new technology changes a process, it opens up possibilities we won't be thinking of yet. I hate to use the kettles example but it's really stuck in my head. At the moment kettles are made using casts because that's cheap and effective. It also means there is little variation in the products on the market. With more advanced 3D printers, I could start a business making lots of varieties of kettles to suit all tastes (can't believe I'm typing this haha)... the marginal cost of a new design is purely the design on a computer. the 3D printer doesn't care if it's making 1000 of the same design or 1 of each of 1000 designs, in a same way a photocopier will take the same time and cost printing 1000 different pages or 1000 copies of the same page.

    In peoples homes is less likely, but I think machines accessible to the public (like shops that have photocopiers) would appeal in the future, although were probably rather far off from that just yet!


    Lets imagine your kettle printer but instead of in your home or in maybe the corner shop down the street the kettle printer in in a kettle factory in china that makes traditional kettles and also custom kettles. So they can offer runs of a million kettles for $4 a kettle or offer runs of a dozen kettles for $20 or a single one for $100

    What has changed in the world?
    Why even call the kettle printer a kettle printer why not just call it one of the lines of the kettle factory?

    3D printing is just a word that confuses people needlessly
    Just replace 3D printing with the word 'crippled mini production line' and then think of the advantages of a crippled mini production line vs a specialized larger production line and you have a good idea of what 3D printing will be used for in the future
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    Oh and the market for custom stuff is limited, how many times in your life have you wanted a kettle and couldn't find one to your liking and thought to yourself oh woe is me if only I could spend 10 hours specifying my own kettle design life would be so much more bearable?
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Conrad wrote: »


    The average voter still chooses Brexit as their main course.
    Majority of Brits including Remainers now back a ‘hard’ Brexit with full border controls, says study

    Researchers say Brits have 'accepted' the decision to leave the EU with more than half of Remainers now wanting to take back control
    NEARLY SEVEN in ten voters back a “Hard” Brexit with full border controls – a staggering survey claims.
    The London School of Economics yesterday said the British public had “accepted” the decision to leave the EU.
    http://www.dailymail.co.uk/news/article-4782712/Most-Brits-hard-Brexit-new-survey-finds.html

    https://www.thesun.co.uk/news/4224087/majority-of-brits-want-a-hard-brexit-says-study/


    FWIW if there is a second referendum (and I don't think there will be) this Remainer will be changing to Leave.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    GreatApe wrote: »
    They wont be in peoples homes (except hobbyists)

    Certainly won't be in my home. I even hide the TV inside a cupboard…:rotfl:
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    GreatApe wrote: »
    Lets imagine your kettle printer but instead of in your home or in maybe the corner shop down the street the kettle printer in in a kettle factory in china that makes traditional kettles and also custom kettles. So they can offer runs of a million kettles for $4 a kettle or offer runs of a dozen kettles for $20 or a single one for $100

    What has changed in the world?
    Why even call the kettle printer a kettle printer why not just call it one of the lines of the kettle factory?

    3D printing is just a word that confuses people needlessly
    Just replace 3D printing with the word 'crippled mini production line' and then think of the advantages of a crippled mini production line vs a specialized larger production line and you have a good idea of what 3D printing will be used for in the future

    You're spot on, there is lots of hype about these things but really they don't achieve a different outcome. Manufacturers have little incentive to change their current model so that they can '3D' print a kettle (or whatever really) in the near future unless they're a 'niche' market.

    Many folks here don't seem to grasp that to make these changes it's a huge investment and if it's more costly than the current infrastructure, they're not going to do it for the sake of it.
    EU expat working in London
  • GreatApe wrote: »
    Lets imagine your kettle printer but instead of in your home or in maybe the corner shop down the street the kettle printer in in a kettle factory in china that makes traditional kettles and also custom kettles. So they can offer runs of a million kettles for $4 a kettle or offer runs of a dozen kettles for $20 or a single one for $100

    What has changed in the world?
    Why even call the kettle printer a kettle printer why not just call it one of the lines of the kettle factory?

    3D printing is just a word that confuses people needlessly
    Just replace 3D printing with the word 'crippled mini production line' and then think of the advantages of a crippled mini production line vs a specialized larger production line and you have a good idea of what 3D printing will be used for in the future

    The difference is that with 3D printers the cost of changing from one design to another on the production line is zero. The cost of changing what you're making on a production line that uses moulds and most other mass production techniques is considerable. Economies of scale are lost if you keep changing what you're making on a mass production line, but that's not true for a 3D printer. 3D printing offers incredibly flexibility and agility - I don't think I need to explain the benefits of that!

    You seem a little obsessed with calling 3D printing 'mini factories' or 'crippled factory lines'... why the need to give it a name that tried to make it sound negative? if you don't like 3D printing, use additive manufacturing. It's the correct term, it's accurately descriptive, and it's a neutral term - far more appropriate for discussing the merits (or not) of anything so you don't sound like you have an odd axe to grind.
  • setmefree2 wrote: »

    Majority of Brits including Remainers now back a ‘hard’ Brexit with full border controls, says study

    Researchers say Brits have 'accepted' the decision to leave the EU with more than half of Remainers now wanting to take back control

    We already discussed this BS extensively a week or so ago, here's some light reading to demonstrate your completely flawed claim:

    http://www.independent.co.uk/infact/brexit-report-latest-remainers-deport-eu-citizens-uk-back-hard-european-union-study-explained-a7892216.html
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