Showing posts with label unforeseen effects of 3d printing. Show all posts
Showing posts with label unforeseen effects of 3d printing. Show all posts

Wednesday, 13 March 2013

The Adverse Economics of 3D Printing


Most articles on 3D printing have focused on the creative opportunities afforded by the revolutionary technology. Others have pointed out its darker prospects such as being able to print firearms in one’s home. One thing’s for certain; 3D printing is here to stay and the technology will get better and better over time though there are some who are convinced it is nothing but a passing fancy that is doomed to failure or obscurity like 3D TV and 3D movies.

The purpose of this article is to briefly discuss the disruptive economic effects of the technology. History lends credence to the fact that every revolutionary technology usually renders other established industries obsolete. The digital music player and mp3s continues to reduce sales of the music CD market. The advent of ebooks had pretty much done the same thing to physical books. Email has caused a reduction in the use of postal services. The photo film manufacturing and development industries were done in by the advent of the digital photography. Remember Kodak, Agfa and Jessops. So which industries are threatened by 3D printing?