George Prout examines the impact of lab grown diamonds
The extent to which change produces anxiety, from a neurophysiological standpoint, is well documented. Viewed biochemically, the human body’s reaction to anxiety triggers a “threat response” that can create a sense of hostility towards the source of the change, which in turn can lead to feelings of anger. It should therefore come as no surprise that many in our industry appear either to be in a state of denial over the changes that lab-grown diamonds will bring, or are so manifestly hostile to it that they seem unable to rationally consider the likely impact of this new product’s incipient arrival. In particular, many are voicing the opinion that this genie can somehow be put back in the bottle, or otherwise that attitudes and actions on the supply side can somehow prevent, or at least modify, the inevitable impact of lab-grown in the marketplace.