A US carrier strike group. It costs about 30 billion dollars to build and it may cost around 2-3 billion dollars per year to operate. These values may be optimistic and there are 10 US strike groups in operation today. And, by now, all this hardware may be worth little more than its weight as scrap metal.
Sometimes, the sect I belong to, that of the catastrophists, tends to dismiss technological progress as a minor factor in the trajectory of the world system, mainly determined by climate change and resource depletion. It is a reasonable position: no matter how much money is thrown at welfare queens in white coat in the hope that they’ll save the world, they don’t seem to be able to do much more than producing overhyped press releases about some wonderful new technology that, one day, maybe, possibly, will solve some kind of problem. But only if they can get more money for further research.
So, technological progress is often little more than a trick to pay the salary of scientists. But it is also true that, sometimes, it does change the world. It is just that it doesn’t work the way people expect it to. Technological progress is not a supermarket where you can find everything you want: you pay for it and you bring it home. It is more like fishing in the sea: most of the time you find little, but sometimes you stumble into the big marlin and suddenly you are not an unlucky old man anymore.
Technology changes the world in ways that are usually rapid and destructive, but never completely unexpected. Think of what happened to Blockbuster when they were facing the competition of Netflix.
…click on the above link to read the rest of the article…