I remember reading this very good Wired article [1] ("Armed with inexpensive, mass-produced gems, two startups are launching an assault on the De Beers cartel.
Next up: the computing industry.") and assuming we were on the verge of a major disruption. But that was 10 years ago. Anyone know why it didn't quite work out that way?
[1] http://www.wired.com/wired/archive/11.09/diamond.html