The Future of Space, Beyond Technical Expertise?
Developments in space are transitioning from “Rocket Science” to something much closer. Venture capitalists (VCs) are no longer solely relying on technical expertise, but are looking at new business opportunities in the space sector. If this trend continues, how might we change how we engage with space?
1. Today’s News
Source:
Space investing goes mainstream as VCs ditch rocket science requirements
Summary:
- Non-technical VCs are funding substantial amounts for space startups.
- The new sector is shifting towards lunar mining and manufacturing in orbit instead of rockets.
- Non-technical VCs hope operational capability will exceed that of aerospace degrees.
2. Consider the Context
Space advancements have been an area for a few elitist specialists. Due to the high demand for expertise, the companies and individuals involved are few. However, as technology grows and the space sector diversifies, business opportunities are increasing. These changes could affect our daily lives. For example, in the future, we may have products produced in space available in the market.
3. Future Directions
Hypothesis 1 (Conservative): Normalization of Space Businesses
The number of space-related startups will increase, and space businesses will be discussed more frequently around us. This will make space less of a special area but recognized as part of business. As a value, space may be identified as one of the nearby markets rather than a final destination that is forced.
Hypothesis 2 (Optimistic): Major Advancements in the Space Sector
Technological innovations and new business systems will lead to rapid growth in the space sector. This could result in space travel becoming commonplace or in-space production being a way to solve earthly resource issues. People’s values will also shift, and living or working in space will be seen as a viable option.
Hypothesis 3 (Pessimistic): Loss of Expertise
On the other hand, breaches of technical expertise could jeopardize safety and efficiency in space development. This could lead to stagnation in the space industry’s advancement, increasing accidents and problems. Among people, there is fear that trust and expectations regarding space developments may wane, reverting to an expert-only field.
4. Actionable Tips
Thoughtful Suggestions
- Consider how aviation as part of business will change our values.
- Maintain a perspective on how space technology can assist in our daily choices.
Small Action Steps
- Strive to gather information about the space sector and expand your knowledge.
- Share space-related news and information with others to enhance awareness.
5. What Would You Do?
- What preparations would you make towards a future where space is part of business?
- In the fear of losing expertise, how would you like to engage with the space sector?
- If the lifestyle of being outside Earth became real, which would you choose?
What futures have you imagined? Please let us know through SNS quotes or comments.
