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Lab-grown diamonds put natural gems under pressure

10 Comments
By Anuj SRIVAS

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Man-made gems are reshaping the $89 billion global diamond jewelry market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.

Referencing the article above, imagine if Elon Musk had not been able to take advantage of the artificial scarcity of gems that powered a family legacy?

Or the legacy of blood diamonds and other precious gems in Africa?

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New technology disrupts legacy corrupt monopoly markets, benefiting both consumer and environment!!!

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It is hardly a new technology, but for various reasons it is only recently becoming economically profitable.

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No. It is new technology for growing diamonds that yields higher quality.

There are many applications beyond jewelry, particularly in computers.

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Diamonds were discovered and mined since ancient times in India.

Till the mid-18th century India was the worlds only known source of diamonds.

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Peter, chemical vapor deposition (CVD), the technique the company described in this article uses, has been used from the 1950s to make synthetic diamonds, and really took off in the 1980s. Of course, the technology improved over time, both quality- and cost-wise, but that hardly makes it new from a scientific perspective.

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Shall we then say "new and improved old technology?!"

Reminds of semiconductors, they keep improving right?!

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Single layer wafers for computers, power electronics and communications are a different level than jewelry and industrial diamonds. Reactors are worlds apart.

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Are these faux diamonds? Maybe so. I am reminded of a store I went to that sold faux diamonds for fool's gold.

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I say good. Leave the natural diamonds in the earth or to the scientist and save the people who are risking life and limb to get these stones just so some rich so and so can flaunt it on their finger.

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