How to Be Part of the New Cosmos Economy

Jack Gregg ()

Chapter 33 in The Cosmos Economy, 2021, pp 283-286 from Springer

Abstract: Abstract The real story about leaving Earth and venturing into space isn’t about the tech stuff. It’s not even about courageous adventures or boldly going to brave new worlds. It’s about the profit stuff. It’s about private investors, big business, and entrepreneurs who are creating our civilization’s next industrial revolution in space. Naturally, there is uncertainty and risk along the way. But uncertainty goes together with two underlying truths of business: (1) High risk enables high reward and (2) risk avoidance guarantees there will be no reward. Entrepreneurs will seek to create new businesses in space because the prospect of high stakes rewards for the risk takers is just too good to pass up. The inevitable failures are just collateral damage on the path to defining the new trans-planetary economy. Sometimes it all boils down to a matter of courage.

Date: 2021
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DOI: 10.1007/978-3-030-62569-6_33

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