I think we assume things shrink and commoditise because technology we use daily has often done that (say home computer parts). But other technologies, especially industrial ones, have not.
Cars for instance are bigger and offer more diversity and less commoditisation than ever before.
Similarly, we've had coal power plants for a long long time. And they are larger than ever. Do you know anyone with a mini coal plant? Neither do i.
Nuclear specifically shows no likely hood of shrinking or commoditising in my opinion. Large fixed costs make shrinking hard. A wide diversity of requirements from customers and interconnectedness makes commoditisation hard.
Maybe rolls toyce have solved 2 problems when no one else has solved 1, but I'm skeptical...
The answer is my opinion is still no I'm afraid.
I think we assume things shrink and commoditise because technology we use daily has often done that (say home computer parts). But other technologies, especially industrial ones, have not.
Cars for instance are bigger and offer more diversity and less commoditisation than ever before.
Similarly, we've had coal power plants for a long long time. And they are larger than ever. Do you know anyone with a mini coal plant? Neither do i.
Nuclear specifically shows no likely hood of shrinking or commoditising in my opinion. Large fixed costs make shrinking hard. A wide diversity of requirements from customers and interconnectedness makes commoditisation hard.
Maybe rolls toyce have solved 2 problems when no one else has solved 1, but I'm skeptical...