Somebody failed Intro Micro
From CNA:
Singapore’s Agency for Science, Technology and Research or A*STAR has set up a laboratory of sorts to test out technologies for an intelligent home of the future… A*STAR projects the idea of the Smart Home will not become a reality for another 10 to 15 years, when demand for the technology could push the price down.
Surely they meant to say “supply” rather than “demand”? It’s either A*STAR or CNA who got their economic principles wrong. I would be amazed if it were one of the whiz-kids at A*STAR.
