The success of Arduino has had the perhaps retrograde effect of convincing an entire generation that the way to sense and actuate the physical world is through imperative method calls in C++ , shuffling bits and writing to ports, instead of in an environment designed around signal processing, control theory, and rapid and visible exploration. As a result, software engineers find a fluid, responsive programming experience on the screen, and a crude and clumsy programming experience in the world. It’s easier to conjure up virtual fireworks than to blink an LED. So more and more of our engineers have retreated into the screen.
Tertzakian wrote how more people are asking him somewhat rhetorically, “Looks like the petroleum business is finished, eh?” He responds, “Really? Have you bought an electric car or hybrid?” and the answer is universally no. And nobody else has either. He figures there are two scenarios. The first is tighter capital will “clean out” inefficient oil producers but technology will help oil prices stay lower, “making the consumer decision to switch to EVs more difficult”. The other is shrinking capital investment reducing future production thus leading to a price spike. Tertzakian concludes, “Ironically, progressive oil companies will do well under both scenarios”.