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Space: A sudden light

economist.com

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Re: Space: A sudden light

#7
post #3

What problem do space flights solve?

Long term continuity of the human race, by backing up to another physical medium, I.e. planet

As well as a massive motivating research goal with incredibly hard problems that tend to have practical applications on Earth. And a means of inspiring billions.

Re: Space: A sudden light

#9
The real problem with the space economy is that there are really very few business plans:

- Space Tourism

- Imagery Acquisition

- Communications

- Science

- Astroid Mining (pending)

... And it turns out that none so far have been good businesses, and the small sat form factor is really limited. I really really love space stuff, but I don't see any of these creating explosive growth in the short term. Eventually the costs will come down, but it will probably take a long time.

*EDIT (as pointed out by pjungwir):

- Zero G manufacturing

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