Peter Diamandis on Space Exploration and ET Land Ownership

MemeBox interviews Xprize Foundation Founder and Chairman Peter Diamandis, who shares a future scenario in which entrepreneurs and states are racing to claim extra-terrestrial land.

As the costs associated with orbital escape and space flight continue to drop the stage will be set for a daring new company to lay claim to parts of the moon and nearby asteroids, posits Diamandis.

Diamandis envisions that such a future could produce a "land rush" for rights to lunar surface area and asteroid mining rights which could be valued at "hundreds of billions of dollars". He believes such a resource race is likely to "drive huge investments in launch vehicles, brings the cost down, and open up the future in space that all of us can enjoy."

Category:

Science & Technology

Tags:

• space
• extra-terrestrial
• Xprize
• MemeBox
• Scenario
• Land
• Peter
• Diamandis
• Singularity
• Summit
• 2008
• ET

[WestGuardian]

Why is it that the neo-luddite leftists are the first to comment on these videos? I guess the rest of us are too busy working. Get this: Mr. Diamandis is GROWING THE PIE. No one benefits from space resources right now, and the opening of this frontier by capitalists will provide a heck of a lot more opportunity for EVERYONE than if it is done by Government. He wants you to get rich helping him get rich. The Government wants you to fill out this stack of forms.

[maddcatone]

lithium, Cobalt, Platinum, Paludinium, Polonium, Uranium, Chromium, Iridium, Gold, Mercury, Iron, then there's harvestable nitrogen (cometary bodies and neptune's moon Triton), Oxygen, Cetyl Alcohol, Methane (from bodies such as titan). Take any mineral/material found on earth and then imagine a near infinite stockpile of them. (with of course the exception of sedimentary materials like limestones etc. which develope from the remains of shelfish and polyps. Everything you could imagine!

[hello8963]

a monoply must be taken over space at all costs because at the rate humans are exploring space we will be to mars in 34 years

[migkid]

well, now you said something that make sense :)

[maddcatone]

I'm sorry but you're dealing with humans here. You will never get past the claiming of new lands and such. It's what life does in general. It expands and encapsulates everything it can benefit from. Humans are no different. We've been running off the same drive of capture retain and utilize since our primordial inception. We will never get rid of ownership. We might as well use it for betterment rather than retarding our systematic growth. And if privately owned land is the way then so be it.

[EUROSUN1]

Great upload. Can`t wait for this to happen. Does anyone know what minerals we could mine from Asteroids and the moon besides helium 3?

[GRSG]

It's true. If the opening of the West had been the purview of the US Federal Government, they'r still be trying to decide what to build first, St Louis or Kansas City

[mrdoornbos]

Exciting to see this coming to fruition just a year later.

[1236bigcat]

Laying claim to natural resources ... the same old story only transferred to extra-terrestrial space. How the West was Won. Why am I not excited? How is this a real pardigm shift? Power confers equivalent responsibility and 'ownership' does little to stimulate responsibility thus far it seems. Why do I think of the same old 'robber baron oligarchy we trusted?

Thanks for the video memebox! I'm just commenting aloud my lack of confidence in mankind, less so with his technology tools.