Here is the latest technology breakthrough engineered in Israel:
“It was clear to all of us that the new thing we developed at Haifa was something completely different,” said Shlomit Weiss, the architect of Sandy Bridge architect, whose development she oversaw at Intel Israel Ltd. over the past four years. Sandy Bridge is the business card that Intel Corporation (Nasdaq: INTC) is developing for next-generation PCs, which are designed to operate in a market in which consumers are demanding greater computer performance.
[Hat tip: JR]
Will there come a time when Israeli brainpower is more valuable to world, and perceived as such, than Arab oil? Will electric cars and/or Israel’s massive recent natural gas finds reduce the Arab edge?
Ultimately, society progresses due to ideas, not resources. But when push-comes-to-shove, the world can always wait a bit longer for new technologies to emerge whereas most countries can’t last long without imported oil.
It certainly would be nice if Israelis could provide brainpower-based services that would be as necessary on a day-to-day basis as gas for the car but such a scenario is hard to envision. Israel is at the forefront of solar energy development, but it will take decades, at least, before alternative energies can supply more than a small fraction of the world’s massive energy needs.
The best bet might be the electric car, which would receive its power from non-oil-generated electricity. Might electric cars, made viable on a massive scale by Israeli Shai Agassi’s car charge and battery switch revolution, powered by electricity generated by (Israeli!) natural gas, and with their range extended by solar panels on their roofs, be the first nail on the coffin of the oil weapon?