Friday, February 10, 2012

The Risks of Innovation

A wonderful story from Pliny via the new book Abundence by Diamandis and Koltler.
"In one of his later volumes, Earth, book XXXV, Pliny tells the story of a goldsmith who brought an unusual dinner plate to the court of Emperor Tiberius.

The plate was a stunner, made from a new metal, very light, shiny, almost as bright as silver. The goldsmith claimed heĆ¢€™d extracted it from plain clay, using a secret technique, the formula known only to himself and the gods. Tiberius, though, was a little concerned. The emperor was one of Rome's great generals, a warmonger who conquered most of what is now Europe and amassed a fortune of gold and silver along the way. He was also a financial expert who knew the value of his treasure would seriously decline if people suddenly had access to a shiny new metal rarer than gold. "Therefore," recounts Pliny, "instead of giving the goldsmith the regard expected, he ordered him to be beheaded."

This shiny new metal was aluminum, and that beheading marked its loss to the world for nearly two millennia."

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