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Michio Kaku predicts asteroid mining will happen sooner than you think | Big Think

70.1K views
•
March 5, 2018
by
Big Think
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Michio Kaku predicts asteroid mining will happen sooner than you think | Big Think

TL;DR

Thomas Jefferson's Louisiana Purchase led to land riches, now space holds potential wealth through asteroid mining.

Transcript

when I was researching my book the future of humanity I came across a comment made by Thomas Jefferson Thomas Jefferson made the biggest the biggest gamble of his life buying the Louisiana Purchase from Napoleon Napoleon was fighting the British he needed a card cash immediately he had Louisiana and that whole mid middle portion of the United State... Read More

Key Insights

  • 🧑‍🌾 Thomas Jefferson's Louisiana Purchase had far-reaching impacts on US expansion and potential wealth.
  • 🤘 Discovery of rare earth metals on asteroids presents profit opportunities for companies like Planetary Resources.
  • 🤘 Concerns over China's monopoly in rare earth metal supply highlight the need for alternative sources like asteroid mining.
  • ❓ NASA's Asteroid Redirect Program represents a concrete step towards asteroid mining.
  • 📽️ Infrastructure challenges currently hinder asteroid mining projects despite their economic potential.
  • 👾 Opportunities for wealth in outer space through asteroid mining could spark a new era of exploration and resource extraction.
  • 🚀 Technologies like the SLS rocket are crucial for the realization of asteroid mining projects.

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Questions & Answers

Q: How did Thomas Jefferson's Louisiana Purchase impact the USA's expansion?

Thomas Jefferson's purchase doubled the size of the USA and opened up new opportunities for wealth and expansion, despite potential constitutional violations.

Q: Why are rare earth metals essential for high-technology devices?

Rare earth metals are crucial for electronics manufacturing, and China's dominance in supply has raised concerns about the need for alternative sources like asteroid mining.

Q: How does asteroid mining relate to NASA's current plans?

NASA's Asteroid Redirect Program aims to intercept an asteroid, potentially mine it for resources, showcasing a tangible step towards asteroid mining beyond science fiction.

Q: What challenges need to be overcome for successful asteroid mining?

Infrastructure for asteroid mining is lacking, requiring advancements in technology and the maturation of projects like NASA's SLS rocket for successful implementation.

Summary & Key Takeaways

  • Thomas Jefferson made a significant gamble by purchasing the Louisiana Territory from Napoleon, doubling the size of the USA.

  • Lewis and Clark discovered wealth in the newly acquired lands, quicker than Jefferson's predicted thousand-year timeline.

  • Potential new Gold Rush in outer space as companies like Planetary Resources explore asteroid mining for rare earth metals.


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