UW Barter News Sept 1992 Page 8

"Unlimited Wealth," by Paul Zane Pilzer with introduction by Bob Meyer, Barter News, Sept 1992.

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About the Author
Pilzer is a Paradigm-Buster
Education Must Never Stop

More on
Unlimited Wealth

Explains how we live in a world of unlimited physical resources because of rapidly advancing technology.

"Unlimited Wealth: Paul Pilzer Tells Where to Find the New Prosperity," by Duncan Maxwell Anderson, Success Magazine, October 1993.

"The Economic Alchemist," by Paul Wirth, Lehigh Alumni Bulletin, October 1990.

"Renaissance and Real Estate," by William Summers, Financial Enterprise--The Magazine of GE Capital, Fall 1989.

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R-I-Ts
     The better way that Alchemists search for is an R-I-T, that is, a Ready-to-be-Implemented Technological advance. An R-I-T already exists; it's available now. But out of ignorance or laziness, we aren't making use of it. Some current R-I-Ts are computerized fuel injectors that haven't replaced mechanical carburetors, radial tires that haven't replaced bias-ply models, or electric typewriters that haven't replaced manual ones.
     An R-I-T is user transparent. It's virtually the same as the product it was meant to replace. The only thing that has changed is that a job that was more difficult is now easier. A person who can use a rotary phone, for example, will find the push-button model easy to use. No new skills are needed, but the user can dial faster and more accurately.
     The implementation of R-I-Ts usually drives most start-ups. If you're going to start a business today, it's not enough to determine that you're going to be as good as your competition. Consumers no longer have any patience with the status quo--so you've got to be able to promise to provide your product or service better, cheaper, or faster--and preferably all three.
     The new Alchemists stay on top of change by studying their industries to see if there exists a technology gap they can exploit. Even if they find one, of course, technology doesn't stand still. So how do the Alchemists get a fix on what will be happening the day after tomorrow?

B-R-Ts
The answer lies in our Basic Research Technological advances, or B-R-Ts. Studying and understanding the nature of R-I-Ts can help us determine what's around the corner.

By analyzing our B-R-Ts, we can preview what to expect over the next hill.
     Real advances in technology are links in a continuing chain of innovations. This is the multiplier effect of technology--every new development that we can identify as a R-I-T becomes the basis for an array of new technologies. In other words, it becomes a B-R-T. Over time, the B-R-T yields another R-I-T, and the process accelerates and widens with each cycle until it seems to be continuous.
     To see how this cycle works, let's look at the development of a particular technological advance. A development laboratory discovered that silicon is a better semiconducter than germanium. This discovery became the basis of a B-R-T. Eventually, after several years of refining the development, the lab figured out a way to design and manufacture a new silicon semiconductor. The finished products represent a new R-I-T.
     Five new companies, after learning of this R-I-T, use it as a B-R-T to develop a new finished product of their own, silicon transistors. The development lab's R-I-T became the transistor maker's B-R-T which used it to create a second R-I-T.
     Assume each of the five companies has twenty customers who use transistors in circuit boards, TV oscillators, thermostats, and other components. The one hundred component makers can use the silicon transistors as a B-R-T to develop new and better circuit boards, TV oscillators, thermostats, and other components, representing yet another new R-I-T. By keeping an eye on the latest B-R-T, the Alchemist stays ahead of the game--which may be the minimum necessary to survive.
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PUBLICATIONS

		The Next Millionaires Explains how you can become of the the ten million new millionaires that will be created between 2006-2016.		The New Health Insurance Solution How to get cheaper, better health insurance from birth to old age without an employer plan.		The New Wellness Revolution How to make a fortune in the next trillion dollar industry--preventative medicine and wellness.
		New York Times Bestseller God Wants You To Be Rich Explains how our economic system is based on our biblical heritage, and you can prosper materially and spiritually.		Fountain of Wealth Award-winning 6 CD (or cassette) audio series explains the new opportunities for creating wealth in the 21st century.		Other People's Money Pilzer's first book, exposing the S&L Crisis and the history of savings in America.

Unlimited Wealth
Pilzer's seminal work explaining how we live in a world of unlimited physical resources because of rapidly advancing technology.

The Next Trillion
Why the wellness industry will exceed the $1 trillion health care (sickness) industry in the next ten years.

Real Estate Review
Collection of articles on the guidelines for success in commercial real estate investments.

The Wellness Revolution
How to make a fortune in the next trillion dollar industry-- preventative medicine and wellness.