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Category: economics – Page 229

Just five years ago, anybody who spoke of technological unemployment was labeled a luddite, a techno-utopian, or just simply someone who doesn’t understand economics. Today things are very different – anybody from New York Times columnist Tom Friedman to CBS are jumping on the bandwagon.

Robots-Will-Steal-Your-Job-front

Those of us who have been speaking about the tremendous impact of automation in the workforce know very well that this isn’t a fad about to pass, but that it’s a problem that will only exacerbate in the future. Most of us agree on what the problem is (exponential growth of high-tech replacing humans faster and faster), and we agree that education will play a crucial role (and not coincidentally I started a company – Esplori – precisely to address this problem); but very few seem to suggest that we should use this opportunity to re-think our entire economic system and what the purpose of society should be. I am convinced this is exactly what we need to do. Published in 2012, my book, Robots Will Steal Your Job, But That’s OK: How to Survive the Economic Collapse and Be Happy – which you can also read online for free — shows we might go about building a better tomorrow.

We have come to believe that we are dependent on governments and corporations for everything, and now that technology is ever more pervasive, our dependence on them is even stronger. And of course we don’t question the cycle of labor-for-income, income-for-survival and the conspicuous consumption model that has become dominant in virtually every country – and that not only is ecologically unsustainable, but it also generates immense income inequality.

Well, I do. I challenge the assumption that we should live to work, and even that we should work to live, for that matter. In an age where we already produce more than enough food, energy, and drinkable water for 7 billion people with little to no human labour, while 780 million lack access to clean water and 860 million are suffering from chronic hunger, it follows that the system we have in place isn’t allocating resources efficiently. And rather than going back to outdated ideologies (i.e. socialism), we can try new forms of societal structure; starting with open source philosophy, shared knowledge, self-reliance, and sustainable communities.

There are many transitional steps that we can take – reduced workweek, reform patent and copyright laws, switch to distributed and renewable energies – and there will be bumps along the road, no doubt. But if we move in the right direction, if we are ready to abandon ideologies and stick to whatever works best, I think we will prevail – simply because we will realise that there is no war other than the one we are fighting with ourselves.

I have seen the future of Bitcoin, and it is bleak.

The Promise of Bitcoin

If you were to peek into my bedroom at night (please don’t), there’s a good chance you would see my wife sleeping soundly while I stare at the ceiling, running thought experiments about where Bitcoin is going. Like many other people, I have come to the conclusion that distributed currencies like Bitcoin are going to eventually be recognized as the most important technological innovation of the decade, if not the century. It seems clear to me that the rise of distributed currencies presents the biggest (and riskiest) investment opportunity I am likely to see in my lifetime; perhaps in a thousand lifetimes. It is critically important to understand where Bitcoin is going, and I am determined to do so.

Continue reading “Bitcoin’s Dystopian Future” | >

I continue to survey the available technology applicable to spaceflight and there is little change.

The remarkable near impact and NEO on the same day seems to fly in the face of the experts quoting a probability of such coincidence being low on the scale of millenium. A recent exchange on a blog has given me the idea that perhaps crude is better. A much faster approach to a nuclear propelled spaceship might be more appropriate.

Unknown to the public there is such a thing as unobtanium. It carries the country name of my birth; Americium.

A certain form of Americium is ideal for a type of nuclear solid fuel rocket. Called a Fission Fragment Rocket, it is straight out of a 1950’s movie with massive thrust at the limit of human G-tolerance. Such a rocket produces large amounts of irradiated material and cannot be fired inside, near, or at the Earth’s magnetic field. The Moon is the place to assemble, test, and launch any nuclear mission.

Such Fission Fragment propelled spacecraft would resemble the original Tsolkovsky space train with a several hundred foot long slender skeleton mounting these one shot Americium boosters. The turn of the century deaf school master continues to predict.

Each lamp-shade-spherical thruster has a programmed design balancing the length and thrust of the burn. After being expended the boosters use a small secondary system to send them into an appropriate direction and probably equipped with small sensor packages, using the hot irradiated shell for an RTG. The Frame that served as a car of the space train transforms into a pair of satellite panels. Being more an artist than an *engineer, I find the monoplane configuration pleasing to the eye as well as being functional. These dozens and eventually thousands of dual purpose boosters would help form a space warning net.

The front of the space train is a large plastic sphere partially filled filled with water sent up from the surface of a a Robotic Lunar Polar Base. The Spaceship would split apart on a tether to generate artificial gravity with the lessening booster mass balanced by varying lengths of tether with an intermediate reactor mass.

These piloted impact threat interceptors would be manned by the United Nations Space Defense Force. All the Nuclear Powers would be represented.…..well, most of them. They would be capable of “fast missions” lasting only a month or at the most two months. They would be launched from underground silos on the Moon to deliver a nuclear weapon package towards an impact threat at the highest possible velocity and so the fastest intercept time. These ships would come back on a ballistic course with all their boosters expended to be rescued by recovery craft from the Moon upon return to the vicinity of Earth.

The key to this scenario is Americium 242. It is extremely expensive stuff. The only alternative is Nuclear Pulse Propulsion (NPP). The problem with bomb propulsion is the need to have a humungous mass for the most efficient size of bomb to react with.

The Logic Tree then splits again with two designs of bomb propelled ship; the “Orion” and the “Medusa.” The Orion is the original design using a metal plate and shock absorbing system. The Medusa is essentially a giant woven alloy parachute and tether system that replaces the plate with a much lighter “mega-sail.” In one of the few cases where compromise might bear fruit- the huge spinning ufo type disc, thousands of feet across, would serve quite well to explore, colonize, and intercept impact threats. Such a ship would require a couple decades to begin manufacture on the Moon.

Americium boosters could be built on earth and inserted into lunar orbit with Human Rated Heavy Lift Vehicles (SLS) and a mission launched well within a ten-year apollo type plan. But the Americium Infrastructure has to be available as a first step.

Would any of my hundreds of faithful followers be willing to assist me in circulating a petition?

*Actually I am neither an artist or an engineer- just a wannabe pulp writer in the mold of Edgar Rice Burroughs.

I was recently accused on another blog of repeating a defeatist mantra.

My “mantra” has always been WE CAN GO NOW. The solutions are crystal clear to anyone who takes a survey of the available technology. What blinds people is their unwillingness to accept the cost of making it happen.
There is no cheap.

Paul Gilster comments on his blog Centauri Dreams, concerning Radiation, Alzheimer’s Disease and Fermi;

“Neurological damage from human missions to deep space — and the study goes no further than the relatively close Mars — would obviously affect our planning and create serious payload constraints given the need for what might have to be massive shielding.”

Massive shielding.
This is the game changer. The showstopper. The sea change. The paradigm shift.
The cosmic ray gorilla. Whatever you want to call it, it is the reality that most of what we are familiar with concerning human space flight is not going to work in deep space.
Massive Shielding=Nuclear Propulsion=Bombs
M=N=B
We have to transport nuclear materials to the Moon where we can light off a nuclear propulsion system. The Moon is where the ice-derived Water to fill up a Massive radiation shield is to be found.
Massive Shield=Water=Lunar Base
M=W=L
Sequentially: L=W=M=N=B
So, first and last, we need an HLV to get to this Lunar Base (where the Water for the shield is) and we need to safely transport Nuclear material there (and safely assemble and light off the Bombs to push the shield around).

Radiation shielding is the first determining factor in spaceship design and this largely determines the entire development of space travel.

http://voices.yahoo.com/water-bombs-8121778.html?cat=15

If, we as a community, are intending to accelerate the development of interstellar travel we have to glower at the record and ask ourselves some tough questions. First, what is the current record of the primary players? Second, why is everyone afraid to try something outside the status quo theories?

At the present time the primary players are associated with the DARPA funded 100-Year Starship Study, as Icarus Interstellar who is cross linked with The Tau Zero Foundation and Centauri Dreams is a team member of the 100YSS. I was surprised to find Jean-Luc Cambier on Tau Zero.

Gary Church recently put the final nail in the Icarus Interstellar‘s dreams to build a rocket ship for interstellar travel. In his post on Lifeboat, Cosmic Ray Gorilla Gary Church says “it is likely such a shield will massive over a thousand tons”. Was he suggesting that the new cost of an interstellar rocket ship is not 3.4x World GDP but 34x or 340x World GDP? Oops!

Let us look at the record. Richard Obousy of Icarus Interstellar and Eric Davis of Institute for Advanced Studies claimed that it was possible, using string theories to travel at not just c, the velocity of light but at 1E32c, or c multiplied by a 1 followed by 32 zeros. However, Lorentz-FitzGerald transformations show that anything with mass cannot travel faster than the velocity of light. Note that Lorentz-FitzGerald is an empirical observation which was incorporated into Einstein’s Special Theory of Relativity.

It is quite clear that you can use string theories to say anything you want. I used the term ‘mathematical conjecture’.

In April 2008 the esteemed Michio Kaku said in his Space Show interview, that it would take several hundred years to do gravity modification. But Michio Kaku is a string theorist himself. And I might add down to Earth one at that, since his opinion contradicts Richard Obousy and Eric Davis.

Then there is George Hathaway also with the Tau Zero Foundation who could not reproduce Podkletnov’s experiments, even when he was in communication with Podkletnov.

And this is the one group our astronaut Mae Jemison, leader of the 100YSS effort, has teamed up with? My sincerest condolences to you Mae Jemison. Sincerest condolences.

For the answer to the second question, you have to look within yourselves.

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Benjamin T Solomon is the author & principal investigator of the 12-year study into the theoretical & technological feasibility of gravitation modification, titled An Introduction to Gravity Modification, to achieve interstellar travel in our lifetimes. For more information visit iSETI LLC, Interstellar Space Exploration Technology Initiative.

Solomon is inviting all serious participants to his LinkedIn Group Interstellar Travel & Gravity Modification.

A happy new year to the human race from it’s most important member; me. Since self-worship seems to be the theme of the new American ideal I had better get right with me.

With my government going over the fiscal cliff it would appear that the damned soul of Ayn Rand is exerting demonic influence on the political system through worship of the individual. The tea party has the Republicans terrified of losing their jobs. Being just like me, those individuals consider themselves the most important person on the planet- so I cannot fault them.

As Ayn Rand believed, “I will not die, it’s the world that will end”, so who cares about the collective future of the human race? Towards the end of 2013 the heavens may remind us the universe does not really care about creatures who believe themselves all important. The choice may soon be seen clearly in the light of the comet’s tail; the glorification of the individual and the certain extinction of our race, or the acceptance of a collective goal and our continued existence.

Ayn Rand made her choice but most of us have time to choose more wisely. I pray for billions, tens and hundreds of billions of dollars- for a Moonbase.

I am not one of the Earth is overpopulated crowd. We could have a high quality of life for every man, woman and child on this planet if we did not, as a species, spend most of our resources pandering to moral weakness and cravings for profit. The myth of scarcity is a smokescreen to obscure the reality of greed and ignorance. Which is why people like Gerard K. O’Neill sought to improve the human condition with space colonies.

We need to go into space to first safeguard the Earth from impacts and the human race from extinction, and along with these missions to spread life into the universe through colonization. None of those three things has anything to do with getting filthy rich or intimidating other nations with our firepower so we can steal their resources. Which is why it has not happened.

Happy New Year with hopes for a more enlightened public.

Happy new year to my Wife, my Daughter, my Father, and to those who give a damn about next year even if they will not be there.

OK, why do we need a different technology to achieve commercial viability (as in mass space tourism) for either interplanetary or interstellar travel?

In many of my previous posts I had shown that all the currently proposed technologies or technologies to be, are either phenomenally expensive (on the order of several multiples of World GDP), bordering on the impossible or just plain conjecture. This is very unfortunate, as I was hoping that some of the proposals would at least appear realistic, but no joy. I feel very sorry for those who are funding these projects. For a refresher I have posted an updated version of the Interstellar Challenge Matrix (ICM) here which documents 5 of the 11 inconsistencies in modern physics. I give permission to my readers to use this material for non-commercial or academic uses.

I recently completed the 12-year study into the theoretical & technological feasibility of gravity modification published under the title An Introduction to Gravity Modification, 2nd Edition. For the very first time we now have a scientific definition for gravity modification:

Gravity modification is defined as the modification of the strength and/or direction of the gravitational acceleration without the use of mass as the primary source of this modification, in local space time. It consists of field modulation and field vectoring. Field modulation is the ability to attenuate or amplify a force field. Field vectoring is the ability to change the direction of this force field.

Note that this definition specifically states “without the use of mass”, for obvious reasons – for example it does not make sense to carry around the mass of a planet to propel 7 astronauts, does it?

By this definition alone, we have eliminated all three status quo theories – general relativity, quantum gravity and string theories. Therefore, the urgent need to construct a new theory that will facilitate the development of gravity modification technologies.

And further, by this definition we know the additional requirements of such a new theory. The theory should show us, firstly, how to attenuate or amplify the gravitational field strength, and secondly, how to change the direction of this force field – all without using mass.

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Benjamin T Solomon is the author & principal investigator of the 12-year study into the theoretical & technological feasibility of gravitation modification, titled An Introduction to Gravity Modification, to achieve interstellar travel in our lifetimes. For more information visit iSETI LLC, Interstellar Space Exploration Technology Initiative.

Solomon is inviting all serious participants to his LinkedIn Group Interstellar Travel & Gravity Modification.

Last month a colleague of mine and I visited with Dennis Heap, Executive Director of the National Front Range Airport, at Watkins, CO, the location of the future Spaceport Colorado, and Colorado’s contribution to getting into space. Here is Part 4.

In Part 4, I dwell more into the economic concepts necessary for a spaceports’ long term success. The single most important concept one has to understand with any type of port, airport, seaport and spaceports is the concept of the hinterland economy. The hinterland economy is the surrounding local economy that the port services, either by population demographics, commercial & industrial base or transportation hub per its geographic location.

The Sweden-America model, like Westport Malaysia requires that a hinterland economy will eventually be built close to the port. Westport’s then Vice-Chairman of the Board, Gnanalingam (we called him ‘G’) whom I reported to, had the foresight, the influence and the connections within the Malaysian public sector, to encourage the infrastructure development within Pulah Indah and the neighboring locations.

The hinterland is critical to the success of the port. Therefore the key to a port’s success is the clarification of the term ‘local’ in the definition of the concept of the hinterland. When I joined Westport in 1995, a hinterland was defined as within approximately a 15 mile (24 km) radius of the port. In my opinion that was too small a segment of the economy to facilitate the success of Westport. That definition did not match up with Westport’s ambition to be a world class seaport and transshipment hub that could give PSA (Port Authority of Singapore, then largest container port in the world) a run for its money.

So I changed the definition.

I changed the definition of ‘local’ to 7-hours. Any warehouse, manufacturing site or distribution center within a 7-hour drive of Westport was now Westport’s hinterland. And because Westport was in the middle of Peninsula Malaysia, that ‘7-hours’ translated into the whole of Peninsula Malaysia, from the border with Thailand in the North to all the way down South to Singapore. This increased Westport’s hinterland from 350 sq miles (900 sq km) to 51,000 sq miles (132,000 sq km).

Of course that ‘7-hours’ would not have meant much if Malaysia had not built an interstate system of roads. That is why the public sector involvement in the economy is so vital to an economy’s success; in a manner that says, how can we give back to our tax payers?

And coming back to our original topic, that is the beauty of Spaceport Colorado. It is tucked in close to Denver International Airport (DIA) and the city of Denver. Spaceport Colorado’s hinterland is the whole of the Continental United States. First through the passenger traffic via DIA and second tapping into the high end winter tourists market at Aspen, Vail & Beaver Creek ski resorts.

Spaceport Colorado will be an immense success.

—————————————————————————————————

Benjamin T Solomon is the author & principal investigator of the 12-year study into the theoretical & technological feasibility of gravitation modification, titled An Introduction to Gravity Modification, to achieve interstellar travel in our lifetimes. For more information visit iSETI LLC, Interstellar Space Exploration Technology Initiative.

Solomon is inviting all serious participants to his LinkedIn Group Interstellar Travel & Gravity Modification.

Last month a colleague of mine and I visited with Dennis Heap, Executive Director of the National Front Range Airport, at Watkins, CO, the location of the future Spaceport Colorado, and Colorado’s contribution to getting into space. Here is Part 3.

In my last post I had mentioned that there were 2 business models for spaceports. I’ll name the first Sweden-America model after spaceports Sweden & America. The second, I’ll name Colorado-Singapore model after (yet to be) spaceports Colorado & Singapore.

The Sweden-America model basic premise is that spaceport ought to be built in remote locations, and then a hinterland economy is eventually built around the spaceport. This approach was originally driven by safety concerns and the need for a rocket range or vacant land for launching rockets to crash back to.

The basic premise of the Colorado-Singapore model is that launch vehicles are safe and that spaceports ought to be built close to centers of commerce and intermodal transportation networks. That is, spaceports are to be built in an existing hinterland economy.

Spaceport Colorado is therefore tucked in close to Denver International Airport and the city of Denver. Spaceport Singapore is to be built within Changi Aiport (ranked #2 out of 388 airports in the world). Changi Airport is located on the Eastern end of the island of Singapore, with Malaysia to the North.

Note that in the case of Spaceport Singapore, the Singapore Strait to the South and East of Changi form a natural rocket range. While Spaceport Colorado has 3,000 acres (less 900 acres for the spaceport) of vacant land to develop additional revenue generating and revenue supporting facilities.

There has been debate about which is the better business model. Both models are correct. Having been Head of Corporate Planning in the early days at Westport, Malaysia, I can assure you that the key is to match your capex with revenue generation. Today the Goggle map of Westport, shows a well-developed island of Pulah Indah. When I worked there in 1995–96 the whole island was virgin and civil engineering firms were draining the swampland.

That is, if there is enough drive, ambition, and cooperation between the private and public sectors a whole island can be transformed from swampland to a world class shipping hub, commercial, industrial & residential zones in a decade. The same is true for spaceports, and for that matter, American cities.

The problem with Spaceport America is that the public sector is not willing to do enough to ensure its success. At least not what it took to ensure Westport’s long term success. New Mexico take a look at Westport and see what you will be missing 10 years from now.

I have to run now. More in the next post.

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Benjamin T Solomon is the author & principal investigator of the 12-year study into the theoretical & technological feasibility of gravitation modification, titled An Introduction to Gravity Modification, to achieve interstellar travel in our lifetimes. For more information visit iSETI LLC, Interstellar Space Exploration Technology Initiative.

Solomon is inviting all serious participants to his LinkedIn Group Interstellar Travel & Gravity Modification.

Last month a colleague of mine and I visited with Dennis Heap, Executive Director of the National Front Range Airport, at Watkins, CO, the location of the future Spaceport Colorado, and Colorado’s contribution to getting into space. Here is Part 2.

What is a spaceport?

Wikipedia gives a very broad definition of a spaceport, that anything and everything that is used to launch vehicles into orbit, space and interplanetary missions are now termed spaceports. ICBM sites are termed launch sites. There is, however, a distinction between a military site and a commercial site. In the aviation world a military site is termed an ‘airbase’ while a commercial civilian site is termed an ‘airport’. Similarly in the marine world the respective terms are ‘naval base’ and ‘seaport’. In that vein there are ‘spacebases’ and ‘spaceports’. So bear in mind that not everything that is labeled a ‘spaceport’ is one.

As far as I can remember the term ‘spaceport’ caught the public’s imagination only recently with the advent of Spaceport America at Las Cruces, NM. So let’s clarify. A spaceport is port for launching vehicles into suborbital, orbital and interplanetary space whose primary mission is to support and manage commercial activities, not military, not government sponsored launches. And therefore, in the United States there are only 10 existing or proposed spaceports. They are (1)Mid-Atlantic Regional Spaceport, Wallops Island, VA (2)Cecil Field Spaceport, Jacksonville, FL (3)Spaceport Florida, Cape Canaveral (4)Spaceport Oklahoma, Burns Flat, OK (5)Spaceport America, Las Cruces, NM (6)Mojave Air and Spaceport, Mojave, CA (7) California Spaceport, Vandenberg Air Force Base, Lompac, CA (8)Kodiak Launch Complex, Kodiak Island, AK, (9) Spaceport Colorado, Watkins, CO and (10)Spaceport Hawaii, HI.

Map of US Spaceports as of Aug 26, 2011, Courtesy of US Department of Transportation.

The proposed spaceports outside of the United States that interest me are Spaceport Sweden, Spaceport Singapore, and Ras Al Khaimah Spaceport, UAE. Spaceport Sweden is the only one of the three that shows some form of life. The other two appear to be dormant with no signs of life. If one were to compare business concepts, Spaceport Sweden is closer to Spaceport America and Spaceport Singapore is similar to Spaceport Colorado.

Spaceports, real people doing real things to get into space.

—————————————————————————————————

Benjamin T Solomon is the author & principal investigator of the 12-year study into the theoretical & technological feasibility of gravitation modification, titled An Introduction to Gravity Modification, to achieve interstellar travel in our lifetimes. For more information visit iSETI LLC, Interstellar Space Exploration Technology Initiative.

Solomon is inviting all serious participants to his LinkedIn Group Interstellar Travel & Gravity Modification.