An Indian company is selling the world’s cheapest touchscreen tablet: just 35 bucks. The announcement causes the Accidental Blogger to ponder the future:
What happens when China or India start developing pharmaceuticals at a fraction of the cost of U.S. and German drug developers? How about heavy lift rockets that can compete with the Russians? We’ve been out of that game for a long time. In a generation both Europe and the U.S. will find it hard to compete with Russia in the commercial aircraft market. Within another generation, if not sooner, India, China, and Brazil, will be taking their own sizeable share.