If I were a shareholder in Anglo American plc, the owner of de Beers, the world’s biggest diamond firm, I would be having a few sleepless nights over the cover story of Wired magazine, about a team of entrepreneurs working to produce artificial diamonds.
I am not a scientist, but this article makes it pretty clear that the technology to create high-quality gems is getting closer. Diamonds, of course, have all kinds of uses, not just in jewellery, but also in industrial applications such as in ultra-hard lathes, cutting equipment and so forth.
It also suggests that scientific advances are bringing us closer to enjoying all kinds of incredibly light and strong materials, of a sort that are bound to be useful for activities such as aerospace, space travel, construction, and possibly also for the military.
This is another welcome reminder that despite the daily news of political dishonesty, terror bombings and the antics of dysfunctional celebs, smart folk out there are hard at work producing all kinds of new and amazing stuff.