In 1967, Barron Hilton, of Hilton Hotels, turned up at an @AAS_Office meeting devoted to “outer space tourism.”
There, he laid out plans for orbiting Hiltons and lunar hotels, complete with Galaxy Lounges where guests might “enjoy a martini and the stars” trib.al/7ou3BhC
Alas, humans had to wait decades for a space outpost, and the one they got, the International Space Station, wasn't built for luxury travel.
But now, as the ISS nears the end of its useful life, some entrepreneurs are revisiting Hilton’s vision trib.al/7ou3BhC
The American ambition to commercialize space is almost as old as the urge to explore it.
In 1962, NASA launched Telstar 1, the world’s first privately financed satellite, opening the way for today's multibillion-dollar communication-satellite industry trib.al/7ou3BhC
NASA spent the 70s lobbying for a crewed orbital station that could serve as a:
🔬Laboratory
🏭Factory
🌖Waypoint for travel to the moon and Mars trib.al/7ou3BhC
The ISS, announced in 1984, seemed to fit the bill, but had downsides:
⏰Ran over-deadline
💸Total costs over three decades to 2015 exceed $150 billion
🛰Underused for most of its history trib.al/7ou3BhC
One problem is that it was expensive to send people and equipment to space.
In 2005, NASA hit on a new strategy: Use private companies to deliver cargo and crew to the ISS, in the hopes of driving down costs and encouraging a commercial space industry trib.al/7ou3BhC
It was a long-shot bet, but a huge success:
Sixteen years later, thanks to companies such as SpaceX, the cost of launching people and gear to the ISS has fallen dramatically trib.al/7ou3BhC
As a result, commercial space is booming:
📸Estee Lauder arranged for face cream to be photographed on the ISS
🏖This year, tourists will arrive for a holiday via a SpaceX rocket (at $55 million per ticket)
🎥Tom Cruise will film scenes for a movie trib.al/7ou3BhC
NASA’s vision extends beyond such one-offs.
In 2020, NASA contracted with Axiom Space to attach modules to the ISS that will break off and form a commercial station.
Up to four other companies will be funded to develop competing concepts trib.al/7ou3BhC
Many details remain to be worked out, but a sustainable commercial outpost in low-Earth orbit would be good for several reasons:
💵Saving taxpayer money
⚗️Companies could conduct research there
🎉Opportunity for entirely novel uses trib.al/7ou3BhC
An Earth-orbiting hotel is a pretty cool idea. But what about a vacation to Mars?
@AdamMinter will be on @Clubhouse tomorrow talking to experts including NASA’s Jim Green about whether humans will ever make it to the red planet or not.
Elon Musk opined on a podcast last year that “too many smart people go into finance and law.”
But there’s some good news: For the young graduates going after a career in tech, there’s never been a better time in terms of the potential monetary reward trib.al/fY8tFiQ
Joining a young startup could be a ticket to the next:
❄️Snowflake
🎮Roblox
🏡Airbnb
There’s also a chance to realize that time-honored tech industry cliche: changing the world for the better trib.al/fY8tFiQ
We’ve been able to stay safe and (relatively) sane during the pandemic, thanks to tech companies providing:
📦E-commerce and food-delivery apps
💻Videoconferencing tools
🎮Streaming services and video games trib.al/fY8tFiQ
Fifteen years ago, population growth was one of America’s core advantages because it had a high fertility rate close to the replacement rate of 2.1 children per woman.
Add copious immigration on top of that, and our demographic future seemed assured trib.al/G8gA0SY
Projections had the U.S. increasing its size relative to its main potential rival, China, over the course of the century. The country’s youthfulness implied a bright future for its:
💰Economy
📊Asset markets
⚕️Solvency of its pension & health care systems trib.al/G8gA0SY
This vision of demographic dominance has since gone up in smoke.
The 2020 Census indicates that the population is growing more slowly than at any time since WWII. It's not shrinking yet, but if we don’t correct course, we are certain to stagnate in size trib.al/G8gA0SY
A handful of wealthy nations have had a change of heart about Covid-19 vaccine patents.
“It’s a belated but powerful step intended to boost vaccine campaigns in developing countries as new virus hotspots flare up,” writes @LionelALaurent trib.al/JwwJY3R
As big as it is, it’s only a start.
Even assuming WTO patent obligations are waived with the support of the U.S. and Europe — which isn’t a sure thing yet — it’s unlikely to be enough on its own to break the world out of this pandemic trib.al/JwwJY3R
Pushing the pharmaceutical industry to share manufacturing know-how is the real goal.
"It's not really the recipe that's the problem at this point, it's getting the expertise to manufacturers in developing countries that's important," says @mihirssharmatrib.al/JwwJY3R
➡️Right-wing pundits and politicians say they are a threat to personal liberty
➡️Many liberals worry they will exacerbate “pandemic inequality” because the vaccination rate among the poor is low trib.al/bswBLhX
New York’s Excelsior Pass is the first government-issued proof of vaccination in the U.S.
But it won’t be the last — at least 17 more are in the works in the country alone trib.al/bswBLhX