Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Perhaps the only contact many of us have with the sort of valves you get in electronics these days is if we have an ageing cathode-ray tube TV, or if we know a particularly boring audiophile who is prone to drone on at length about how his organically grown amp produces a much richer, more vibrant sound than your puny CDs or that new fangled streaming "music" that all the kids are listening to these days.
But valves (which our Americanly-challenged friends call vacuum tubes) were the backbone of the electronics industry for 50 years or so, until they were superseded by solid-state transistors.
And it's all thanks to the efforts of John Ambrose Fleming, the first professor of electrical engineering at London's University College, who also worked for both Marconi and Edison. He invented the oscillation valve, which he patented today in 1904. It was, without doubt, one of the most important developments in the history of electronics.
Article continues belowTry 6 free issues of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Fleming's valve was the first practical application of the “Edison effect” – the phenomenon of “thermionic emission” whereby electrons flow from a heated element to a cool one – which Edison observed while creating his electrical light bulbs. Indeed, in many ways, Fleming's “thermionic” valve is little more than a modified light bulb.
By heating an electrode inside a glass bulb containing a vacuum, it is possible to “rectify” an electrical current and radio waves, and amplify them. And the later addition of a grid through which the electrons had to pass meant the current could be regulated.
The valve's invention led to the introduction of radio around the world, the discovery of radar, and eventually to the supercomputers and artificial intelligence of today.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
