And will continue to be expensive.
The Australian National Broadband Network will cost us 40 billion dollars or more. Here is one of the reasons why it will continue costing us even more tens of billions, way into the future.
Tag Archives: Australian National Broadband Network
Why Are Investors Not Listening to Engineers?
Photo: Mineral processing plant (This is not a photograph of the Ravensthorpe Plant – image by Shutterstock)
In the first post in this series I explained just how significant engineering is in today’s sluggish world economy, both in the developed world and developing world. In this post I will explain why investors are so reluctant to back engineering ventures.
Engineering performances are slipping, engineers are frustrated, business owners are even more frustrated and billions of people languish in misery because of engineering performance failures. These are not spectacular failures like Fukushima or Deepwater Horizon. Instead they are silent failures that have remained mostly out of sight, in many cases deliberately hidden by their owners.
