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Space: The Next Trillion Dollar Industry

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Get $20 off your Away suitcase by going to http://www.awaytravel.com/wendover and using the code “wendover” at check out Watch my appearance on StarTalk with Neil deGrasse Tyson: https://youtu.be/OTEIbWy8AvY Check out the behind the scenes video on my new channel: https://youtu.be/5N3aZTT3TRw Pre-order our new t-shirt with the new logo: https://store.dftba.com/products/wend... Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteres... Check out my podcast with Brian from Real Engineering: http://apple.co/2ydYZOd (iTunes link) http://bit.ly/2gyeFle (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverprodu... Youtube: http://www.YouTube.com/WendoverProduc... Twitter: http://www.Twitter.com/WendoverPro Email: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Big thanks to Patreon supporters: Harry Hendel, KyQuan Phong, M, Dani Torres, James Hughes, Michael Javault, Pete, Ken Lee, Victor Zimmer, Dylan Benson, Etienne Dechamps, Alec M Watson, Nathaniel Lawrence, Chris Allen, John & Becki Johnston, Connor J Smith, Arkadiy Kulev, Eyal Matsliah, Joseph Bull, Hank Green, Plinio Correa Outro song by Ryan Little
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Text Comments (1786)
Anish Ahuja (17 hours ago)
LONG VIDEO ALERT
Trung Nguyen (1 day ago)
weather watching lost or found searching, testing emergency long distances communication, an old, joke over earth issues, landing on the moon.
oldtwins na (2 days ago)
It will be interesting to see how property rights will be distributed to planetary bodies outside of Earth. More than likely it will be some international consortium of governments, as well as the richest companies and people who will get land and mining right claims, while the commoner gets nothing.
1hard2findbro (3 days ago)
I'm going to keep this intergalacticly short: there are no other willing Russian aliens to help us afford space travel. so earth will remain our affordable home. There are no exceptions...Elon, Branson 😁
Smitty Johnson (4 days ago)
Neil's cave analogy was perfect.
QuelDroma366 (6 days ago)
The fact that deep space exploration isn't profitable right now just demonstrates how little value it will bring us. Better to wait until the technology develops more than to rush into it.
Hunter Rowland (8 days ago)
Best video I have ever watched how long did it take to edit and make?
hohum (10 days ago)
Super high power wifi signals? No.... In your effort to explain something to someone in a simple manner, you've completely gotten this one wrong.
Vidyahgame (13 days ago)
wanna join my free gift card giveaway?
KC G (14 days ago)
Sell Sell Sell ;-). Stock was doing ok for a bit. 😵
Jeeto (14 days ago)
Did I miss the SSL video? I haven't seen you post one yet
grey head (15 days ago)
You kinda got it wrong
Legacy Chaser (18 days ago)
I Wanna go to space so I don't have to think of my student loan
Sunil Narine (20 days ago)
Do whatever you want to venture into space but dont ever say in the future that we fucked this planet up beyond repair.............our greed and urgency to accomplish a task is damaging Mother Earth every single day.
Malte Degener (20 days ago)
Just put that Away-case on my shoppinglist. Loving your videos and love to support you! Keep up the great work.
Eddie (20 days ago)
7 Terabytes per day?! I can only imagine how much data those commercial/government sats are pulling down a day. A year!
Donald Scott (21 days ago)
Every point Neil DE Grasse made has been proven wrong!!! He is a major dork!!!
Speedbird (21 days ago)
This is probably your best produced video
Jonasz314 (23 days ago)
Satellite imagery gets you ~decent resolution, but most of Google Maps imagery today is actually from planes. US has its own satellite to survey lands, they take 1cm resolution which is enough to make out license plates on cars. Come think of it, they had incredibly high resolution cameras back in the 70s on the SR71 Blackbird, so nowadays they could probably photograph a mosquito from low orbit.
Blackfish (24 days ago)
15:36 "it's all aboot information" hmm I wonder if MDA is Canadian. 15:46 oh yep.
bozimmerman (26 days ago)
I'm not sure that being an astrophysicist qualifies you as an expert in either economics or political economy, which are literally the only subjects he discussed.
paul sebastian (28 days ago)
im sad cause i saw this video expecting some space mining
Shashank Saxena (29 days ago)
As of now, stock is up 20% since you posted this video...
Tatemantis (29 days ago)
Does anyone else want to sent a satellite to space that is a toaster* instead of just the size of a toaster? (At 17:59 Wendover mentioned a satellite the size of a toaster) * (The toaster should have solar panels that way we can also toast bread in the vacuum of space)
Travis (29 days ago)
I was happy to hear your closing remarks. I'm so tired of hearing "Private Space Flight is the future." It's not wrong, but it's only the immediate future. People and politicians love to bitch about government spending or inefficiency. Some even go as far as saying most government entities shouldn't even exist...but without the U.S. and Soviet government's massive investment 60+ years ago, none of the componies, projects, employees, and millionaire executives would even exist. A lot of these people who reject spending on space exploration don't even bat an eye when trillions are thrown into the military because they see defense from hostile humans in other parts of the world as essential.........but expanding humanity outside of just this planet and harvesting the vast resources in space could not only lead to major leaps in technology, but could remove the threat of foreign aggression. A world where we have the resources to provide comfortable lives for every single one of us would all but end major conflicts. OH well.....
OLEC OLEC (1 month ago)
Nice watch!
tabaks (1 month ago)
Elon Musk is a cunt and psychopath!
Ed Wehby (1 month ago)
That doesn’t sound like you at all
Mordant221 (1 month ago)
Born too late to explore the world, too soon to explore the galaxy.
Wigan Cyclist (1 month ago)
and then wired connections...
thenovascope (1 month ago)
Too bad the earth is flat and this is all a lie
Bronte Arnott (1 month ago)
11:13
Hello World (1 month ago)
"The first of those was launched in 2007, the most recent was launched in 2016, and they have an expected life of over 10 years each" but 2007 was 11 years ago...
Hello World (1 month ago)
This is one of my favorite videos on the channel!
NerfAimBot (1 month ago)
why not just create a Neural network, i know it's not easy but it would save a lot of money aye
D3 Fingerboards (1 month ago)
“1 GB of data every second” My WiFi at home: 3 MB every second Boi
wepoststuff (1 month ago)
Wait...With that kind of resolution - theoretically speaking - if you were able to map the entire Earth every second of every day, could you use that data to build a visual history of the earth? In one year from now, would it be possible to go back and look at today's date and see events exactly how they happened, on any given location of the planet?
Nelson DeGus (1 month ago)
RIP I live next to an Orbital ATK office and research lab, and they were recently bought by some company called Northrop Grumman, which sounds WAY worse. so yeah
snazztacular (1 month ago)
Your vids are amazing. Keep it up.
Insanely amazing (1 month ago)
Which one isyou
Costa Wisco (1 month ago)
Too cool 🛰️
Zontar (1 month ago)
It's ironic that people pretend the government is the one we need to push us into space, yet all the innovation we're currently seeing is from the private sector.
Jaxon Mattox (1 month ago)
Going to space helps solve issues on Earth. "The cave needs work" "Well there is an even better cave over in that other mountain, and walking there will get us in better shape and improve our quality of life in many ways!" Not going to space is stupid, but idiots and people with bad agendas continue to screw everyone else over
Murlock2000 (1 month ago)
an amazing price ? 600 dollar for a suitcase ? forget it, CAT has some that are better quality and cheaper
Jaime Herrera (1 month ago)
This deserves morrrrrrrre by the millions!
Charl Du Plessis (1 month ago)
Space Mining... - this will make people want to go into space to make money... "Every Day People"... The bottom line here is, Humans move to where there is opportunity and resources... - Thus... if you create easily accessible Jobs in space (Mining Space Rocks) - You'll get more and more people Wanting to move into space.. And to solve the problem of people Living in space... just make a Huge Rotating Spacestation which generates a LOT of artificial gravity. Then with people living in space, you'll start to get a lot of other business opportunities as a result.
Junk Mail (1 month ago)
Neil deGrasse Tyson from 0:30 to 1:10 is no where loud enough to be heard clearly, especially 0.:55 REAL LOUSY, he's so soft and demure WE CAN'T HEAR YOU. Sorry I got frustrated, and compromised my standards. Again apologies.
Justus Kraft (1 month ago)
Really nice done. Awesome video
E K (1 month ago)
I would love to see a break-down of how we could colonise mars.
DrewPicklesTheDark (1 month ago)
Capitalism ftw
Arnold Robert Lee (1 month ago)
How would this work with a 'Flat Earth'!! but they still will claim they're right
Marge onthat (1 month ago)
I want to be the first litterbug in space !
d p (1 month ago)
Just because a company won't make profit within its founders' lifetime, that does not mean it cannot be comercially viable. If Jeff Bezos has his way, Amazon will never make a profit, yet he still has the hig est net worth of any individual. Shareholders who are going to die before a company are always able to sell to a younger generation, who are in turn able to sell to a generation younger and their own, etc. It's not so much that trans-generstional investments are not viable due to human lifespan, but because they tend to be riskier given that more can go wrong over a longer time period, especially if a private organisation is doing blue-sky research that may not lead anywhere (think interstellar travel). An asteroid mining company would potentially be a relatively safe trans-generational investment, since minerals on Earth will run out, and some minerals found in asteroids are already commonly used.
Friend (2 months ago)
"super high power wi-fi signals" made my ear bleed with pain. Couldn't you use the words "radio signals"?
Friend (2 months ago)
The mountain-cavern/space-earth discussion is very nice BUT nobody climbed to the top of mountains unitil some tirolese drunkards though it was cool in the 185X. People instead went for mountain passes, leaving the mountain tops alone. And that's what the private development of space travel is: going or the mountain passes. Public investment in moon-landing like expeditions... is more akin to mountaintop alpinism
AutumnHideはにゅう (2 months ago)
I wish I was born a century later, when space travel is much more common. It's so boring living in an earthbound civilization
Harun Suaidi (2 months ago)
It's a business of astronomical scale
Sourabh Bamourya (2 months ago)
Were is ISRO
Mort Kebab (2 months ago)
Governments don't think beyond the next election.
ceojr1963 (2 months ago)
I have written about people like Elon Musk who wanted the Mars colonies and were not public companies. Mine were fiction, But I understood that it'd have to be more than just governments as they tend toward swaying in the political winds a lot more then they do long term projects. Maybe China will be first on mars, but not t he USA because they can't even keep the lights on at the white house it seems.
Mathis Coffin (2 months ago)
"Commercial enterprises need to think about investments that pay off within the lifetime of their shareholders." This is not how it works. Investments in private companies are inter-generational through share price, not current profit. By the same logic, 100-year government bonds can exist. Most likely, most people who buy such a bond today won't live when it matures in 100 years. But this is not important: the bond is passed on to the next generation through inheritance, trading etc. until it matures.
metal87power (2 months ago)
Indeed, Professor Tyson, exploring deep space is not sustainable. So what make you think it's sustainable for the society? Because governments don't have their own money, they take it by force from the civilians. Governments consider future generations? What kind of bullcrap is that? Do I have to remind you about the national debt that has been increasing since the dawn of FED?
EC912 (2 months ago)
Quality!
Chris (2 months ago)
A correction - no one broadcasts "internet". No one has "internet" - they have an internet connection.
Olof Eriksson (2 months ago)
great video, thanks for all the content!
Kalle Kröger (2 months ago)
8:00 earth is flat
Sean Parkes (2 months ago)
I kinda want that suitcase now xD
Sean Parkes (2 months ago)
nvm. really expensive :P
ThePikmania (2 months ago)
Incredible work. Thanks for your effort. I really learned a lot from it :)
GoXR3Plus Studio (2 months ago)
*TOTALLY AMAZING!!*
Samahawk 360 (2 months ago)
Space shouldn't be commercialised, that is taking control of bits of the universe simply to make money. Its just another way to make the rich richer. When is your everyday bloke going to be able to start making money from space
Cameron Mosley (2 months ago)
Where is the place shown at 13:16? Looks like a nice rugby pitch
NovaStorm93 (2 months ago)
Black Science Man?
Nick (2 months ago)
I'm pretty this guy has been on camera before. He has long red hair and glasses and a beanie
Manly O'ger (2 months ago)
This video is brought to you by Away. Get away from me, right now.
Donald Blake (2 months ago)
Canada's not always cold and dark.
KEIO 7000 (2 months ago)
7:40 Password?
David Faulkenberry (2 months ago)
8:50 I think your mic audio is a little over-compressed
Philip Cornelius (2 months ago)
Fake news, the Earth is flat
nickydanger9 (2 months ago)
I will go to space before I die. within the next 75 years I think its possible. What an incredible possibility for an average guy.
The Earth Is a Cylinder!! (2 months ago)
There are two huge problems with government leading the space industry: 1. Governments don't have the incentive to do it faster, better, cheaper Governments don't use their money and do not report to anyone. As a result, they don't act responsibly with their resources. NASA is a great example. They felt ok with throwing rockets away after just one launch, as long as the US taxpayer keeps paying for it. Private companies know that if they fuck up, they don't get a second chance. Because unlike tax money, investments aren't mandatory. 2. Governments do everything for military or political reasons The space race was one of the greatest things that ever happened to humanity. Unfortunately it was a result of political and social conflicts. The internet is one of the greatest inventions of mankind, if not the greatest, but it was made for military purposes. The best we can hope for is for a military or political conflict to arise, so that the government can have incentive to invest in new technologies, then hope that conflict ends well and doesn't kill us all so that we can start using those wartime inventions for peaceful purposes. If you ask me, that sucks. Say whatever you want about the private sector, but money is a far more ethical, efficient and acceptable incentive than nuclear wars, cold wars or potential power grabs.
Marcus Simon (2 months ago)
I have to disagree with the premise that individuals do not care what happens after their deaths. I think history has many times proven that both good and bad causes have attracted a lot of individuals who wish to be rememberd, create a better future for their kids or simply be part of something bigger then them selves. I think space exploration is such a cause. Besides the potential benefits of being first to trans planetal tranportation are huge.
The Obsessed Gamer (2 months ago)
all the flat earthers are triggered
Jan Heinemann (2 months ago)
Nice Content!
Maevision (2 months ago)
No, no, we have cave problems
Glurak (2 months ago)
"There is no demand for deep space exploration" ... What about precious metals asteroid mining?
Sunil Narine (20 days ago)
We dont even have economic method to collect space debris let alone asteroid mining...............its just a wet dream. :)
にゃあエイリアンMeowAlien (2 months ago)
Literally rocket science and more! Glad I found this channel, subscribed!
Chichikn (2 months ago)
Jesus Christ what a quality content, i love you guys.
Michael Davis (2 months ago)
Man, I don’t know how it is that I only found your channel today since I watch a lot of videos in this space. But, you make some really great videos! I feel like your channel should have a tv show on the Discovery Channel. Thumbs up!
Robert Raymond (2 months ago)
Your title is misleading. You should call this "Earth imagery: the next billion dollar industry."
Norman1951 Norman (2 months ago)
The only government which can plan on a multi-decade or longer time scale is China. They can establish a plan to develop all the difficult technologies and to stick to their long-term goals. The US government runs on a 4 year cycle, at best 8, and hasn't accomplished much in space since the Apollo era. Each new administration seems to take delight in obliterating what the preceding one had planned and invested billions in developmental costs.
Phil Jones (2 months ago)
so I guess where all being watched.
seasong (2 months ago)
Wouldn't this trigger the resource curse and destroy your country's economy?
Liam Smith (2 months ago)
Please make this into a podcast👏🏼 I listen to this shit all day
Kai Hang (2 months ago)
But the earth is flat this is all a lie
Toxically Masculine (2 months ago)
gigabit, not gigabyte
pizza Price (2 months ago)
what about this,rio tinto and spacex merger for space and interplanetary mining. when spacex can prove they are able to get into mars,then they can help rio tinto capture high value asteroid and send it back to earth.
Jake Patterson (3 months ago)
I understand the 10:30 thing and I get let's just make it simple for the vid.....but there is no way it is 10:30 everywhere when the satelitte goes voerhead in local time due to time zones. Consistency is the point though obviously
thenosa87 (3 months ago)
niel denigger tyson
Mike Laskowski (3 months ago)
Good video but why is it so long?
Whitt Preslar II (3 months ago)
Your graphics confuse more than help.