posted on Aug, 21 2012 @ 06:44 PM
When understanding superconductors, it's important to know that the cause of the advantageous properties of these materials are largely unknown. The
first super conductor was discovered in sort of an accident, and sense then it has been a trial and error process.
A practical room temp superconductor is similar to perpetual motion in that an electrical current could run through a circuit limitlessly, losing no
energy to friction.
Similar to giving an object a slight nudge in a vacuum and watching it glide forever.
I'm inclined to say that the discovery on this particular site was at best overstated. Indications are that the material was produced in very low
quantity and the experiment was difficult to repeat.
As far as the economic implications, a realized room temp superconductor would have plenty of profit potential and economic activity could easily
increase as designs are refined and it is applied to a wide range of products. Everyone wouldn't have the resources to engineer the material, plenty
of potential for exploitation.
When electricity was discovered and harnessed, all it did was increase industrial profit. Same with the combustion engine. Most likely it will be the
same for any significant advancement in technology. There's always the option of slowly releasing improved models, similar to today's computer
industry or pharmaceuticals.
A patent for this "holy grail" would ultimately be worth billions, and with that patent a corporation could monopolize almost any industry. The
corporate potential would exceed Standard Oil by a long shot.
Suppression may lie not in the end of profiting off the masses, but more toward an impossible overhaul in infrastructure and economy. A lot of jobs
would be lost in less advanced manufacturing.
edit on 21-8-2012 by PatrickGarrow17 because: (no reason given)