An accidental discovery announced this week has taken LED lighting to a new level, suggesting it could soon offer a cheaper, longer-lasting alternative to the traditional light bulb. The miniature breakthrough adds to a growing trend that is likely to eventually make Thomas Edison’s bright invention obsolete […]
LEDs produce twice as much light as a regular 60 watt bulb and burn for over 50,000 hours. The Department of Energy estimates LED lighting could reduce U.S. energy consumption for lighting by 29 percent by 2025. LEDs don’t emit heat, so they’re also more energy efficient. And they’re much harder to break.
Not to sound like a conspiracy theorist, but you have to assume that the companies that manufacture light bulbs have had the technology for a long time (and it’s only just beginning to creep into the market) to make bulbs that last virtually forever. What they haven’t figured out, though, is how to turn a profit off of such things. The prices necessary to keep a market of permanent goods afloat is to charge truly astronomical processes.
How, then, will this new invention affect the market (and, in turn, be affected by normal market processes)? Will be initially see LEDs with artificially limited lifespans? Will corporate lobbyists influence the gov’t to delay their availability? Or will they hop on it, and technology will truly do some good?
Then, too, this is a single article on a single website. Speaking of technological revolutions would be facile and specious. Still, I’ll keep my eye on this one.