Diamond Industry Invests in Lab-Created Knockoffs For Semiconductors

Diamonds are ugly. I hope the manufacturing of diamonds drives the value of them down to pennies a piece. I hate all the greed and human suffering that surrounds earth found diamonds. I hope our USA government gives the R&D of these companies’ mountains of money for research and better electronics.

Government does not have to (and it most cases shouldn't) invest in anything. First of all, its not their money, so who are they to decide how to invest the money that was taken from its people. Secondly, Government should not be in the business of deciding who "wins" and who "fails". That is why capitalism works, if people want it it wins, and if they don't want it then it fails. We've already seen too many examples of companies that the govt. has decided will "win", that eventually fail anyways. The govt. does not represent the people in all cases.

i agree with Q

The people of the world only divide into two kinds, One sort with brains who hold no religion, The other with religion and no brain.

- Abu-al-Ala al-Marri

Should be a good thing all around. Stop the mines and make them in the lab, good for everyone in the end. Except those miners will need to go find out howto live without the dictactorship which might be hard since they are slave/drone minded.

Based off the picture in this article, that diamond sure seems to have a lot of flaws. I find that kind of odd, since the synthetic diamonds I read about now, tend to be clearer and better than the top quality earth found diamonds. I suppose it could just be the picture; I mean yea, I am not really looking at this diamond under a microscope, sure.

The synthetic diamonds are made so well, they are predictable like a manufacture electronic component. The diamonds found in earth are not consistent like that.

If you want a perfect diamond and possibly get it a lot cheaper, by synthetic. But if you want to waste a lot your own money, buy a semi dirty looking earth diamonds and contribute to earth slavery.

I agree 100% with taysoren.

Q, try explaining any of that to a woman. I've argued with my soon to be wife about man made vs naturally occuring diamonds a few times. Most women are adamant about having a "real" diamond vs a synthetic. Hell, you can make sythetic diamonds to have imperfections in them to further fool consumers into thinking they are "real." Keep in mind that picture provided is probably a picture of a "real" diamond. Popsci pulls pictures from Google images sometimes and throws them onto the article.

Question for anyone out there, who the @#%& came up with the 3 months pay is what you should spend on a ring?

@taysoren

since when has capitalism ever really worked for the people?

I'm sorry capitalism is just as dysfunctional as any government, to say it works is too willingly blind yourself to all of it's glaring faults. in real life the best answer is a blance between capitalism and socialism go to far one way or the other and you end up in trouble.

Take the world today that has gone way to far towards capitalism.

We’re distorting this world left and right with ecological disasters (strip mining, oil spills, over fishing and so on) let alone the human costs of death, disease and slavery. I'm sorry you can't tell me capitalism "works" if those are the costs because it only works for a few. That most people over look because they couldn't enjoy when they think about how three of person that put their new iphone together committed suicide from how bad their living conditions are,

The honest truth is there are just things governments/socialism does better then corporations/capitalism and there are things corporations/capitalism does better then governments/socialism. The secret is we as a people need understand this again and to use both for what they do best.

@Army Juggernaut

Please don't take this the wrong I’m sure you wife is love caring person. But the problem you pointing out aren’t with diamond it's in the way your wife to be was raised.

Oh no dex drako, you shouldn't have. I was enjoying this article and the posts until I read yours. Now I'm going to have to rip your anti-capitalist/free market nonsense to shreds.

Let's start with the simple fact that capitalism (freedom to produce, buy and sell) is the greatest economic system ever conceived. It has lifted more people out of poverty, improved the living standards of more people, and generated more wealth than any other economic system ever. If you disagree, name your favored economic system and I'll happily shred it in front of your tear-filled eyes.

To say that capitalism has "glaring faults" is exactly the same as saying that freedom has "glaring faults." If you haven't made the direct connection between private ownership and freedom to buy or sell and your other personal freedoms--speech, worship, pursuit of happiness, etc.--it's time you did. There is no difference. Capitalism is freedom. Any other system, by definition, limits the free choice of producers and consumers. There are no glaring faults whatsoever.

Sure someone can become a multibillionaire while another settles for nominal pay. There's nothing wrong with that. Those two people probably have different desires, different priorities, different ability, different measures of success and happiness. Good for both of them.

As a side-effect of all this freedom--protected and practiced nowhere better than in the United States of America (at least for now)--we are the most charitable country on earth in total giving and in giving per capita; far more than any others. That's not only voluntary giving to our own people and institutions, it's to other people and countries around the world. That's what capitalism bring.

Those "disasters" you mention are not a result of capitalism. Slavery is not practiced in free, capitalist countries; it's illegal. Because of capitalism, new drugs and treatments were invented that extend your sorry life decades beyond what your great-grandparents enjoyed and improve the quality of your life. Medicine, treatments, gadgets, luxuries, vacations, transportation technology--virtually everything affecting your ungrateful life have improved and become cheaper because of capitalism, so what was once only affordable to the rich is now available to complainers like you. So much for your deluded fantasy illusion that capitalism only works for "a few."

Now let's talk about the benefits of socialism. Oh, sorry, there aren't any. Ask any former citizen of the USSR.

I do not care about diamonds. They cost a lot and they give nothing back to me.

I hardily support synthetic diamonds for a better electronic and human future.

The old ideas of diamonds are bullsh##

I want a wife that is my partner in life!

Earth found diamonds value are of greed and create suffering for others or slavery. I want nothing of earth found diamonds!

I will tell you what is beautiful and rare! I true friend! Honesty! Never lying! A faithful marriage! Faithful to GOD! Faith to family! Honor these things and if you do not believe in GOD, at least believe in the rest!

Earth found diamonds are bullsh##!

BE A QAULITY HUMAN BEING!
BE A DIAMOND IN THIS!
BE BEAUTIFUL!

@laurenra7 If capitalism was lifting people out of poverty, the income gap wouldn't be at an all time high. I also think it is failing miserably.

What I see is a company that artificially inflated the prices of diamonds at the expense of the people it employs and the country it exploits to line its pockets, looking ahead and seeing that the ability to produce flawless diamonds is going to cut in on it’s bottom line.
So, they are trying to get their foot in the door in order to (once again) control the market, or at least a part of it, so that they can manipulate ALL diamond production and continue to suck blood money from the rest of the world.

@JediMindset Noticed your signature quote "The people of the world only divide into two kinds, One sort with brains who hold no religion, The other with religion and no brain."

Reminds me of another quote: "Only a Sith deals in absolutes."

@Sourdough

Awesome reference.

I have always found it amusing that the same people think it is foolish to believe in something that cannot be proven in fact believe in something that cannot be proven.

With De Beers controlling by owning and storing millions or billions of carats of blood diamonds, the intelligence of humankind is at serious doubt. Who needs diamonds?