Self-Motivation
David Goggins
Former Navy Seal
Career Development
Bryan Cranston
Actor
Critical Thinking
Liv Boeree
International Poker Champion
Emotional Intelligence
Amaryllis Fox
Former CIA Clandestine Operative
Management
Chris Hadfield
Retired Canadian Astronaut & Author
Learn
from the world's big
thinkers
Start Learning

One Mined Asteroid Would Eclipse Britain's Whole Economy

The value locked away inside asteroids is enough to raise the world economic ceiling to unbelievable heights.

The value locked away inside asteroids is enough to raise the world economic ceiling to unbelievable heights. A bill recently passed by Congress — the Asteroid Act — borrows from Adam Smith's famous dictum on how ownership is acquired: The apple becomes mine when I invest my labor in picking it.


Similarly, any company to successfully mine an asteroid can claim its resources as private property, and that has the potential to make a small number of individuals extremely wealthy. A mid-sized asteroid's worth of platinum, for example, would eclipse the entire GDP of the UK by nearly a third.

Such a scenario is not unimaginable as there are more than 10,000 near-Earth asteroids that private space companies like Planetary Resources and Deep Space Industries are working to assess — for both their resources and their ability to be successfully mined. 

X Prize founder and Big Think expert Peter Diamandis believes space excavation will create the first trillionaire (which my spellcheck doesn't currently recognize as a word). But it's not just the search for wealth that propels us toward asteroids:

Read more at Science.Mic.

LIVE ON MONDAY | "Lights, camera, activism!" with Judith Light

Join multiple Tony and Emmy Award-winning actress Judith Light live on Big Think at 2 pm ET on Monday.

Big Think LIVE

Add event to calendar

AppleGoogleOffice 365OutlookOutlook.comYahoo

Keep reading Show less

Neom, Saudi Arabia's $500 billion megacity, reaches its next phase

Construction of the $500 billion dollar tech city-state of the future is moving ahead.

Credit: Neom
Technology & Innovation
  • The futuristic megacity Neom is being built in Saudi Arabia.
  • The city will be fully automated, leading in health, education and quality of life.
  • It will feature an artificial moon, cloud seeding, robotic gladiators and flying taxis.
Keep reading Show less

Study details the negative environmental impact of online shopping

Frequent shopping for single items adds to our carbon footprint.

A truck pulls out of a large Walmart regional distribution center on June 6, 2019 in Washington, Utah.

Photo by George Frey/Getty Images
Politics & Current Affairs
  • A new study shows e-commerce sites like Amazon leave larger greenhouse gas footprints than retail stores.
  • Ordering online from retail stores has an even smaller footprint than going to the store yourself.
  • Greening efforts by major e-commerce sites won't curb wasteful consumer habits. Consolidating online orders can make a difference.
Keep reading Show less

Childhood sleeping problems may signal mental disorders later in life

Chronic irregular sleep in children was associated with psychotic experiences in adolescence, according to a recent study out of the University of Birmingham's School of Psychology.

A girl and her mother take an afternoon nap in bed.

Personal Growth
  • We spend 40 percent of our childhoods asleep, a time for cognitive growth and development.
  • A recent study found an association between irregular sleep patterns in childhood and either psychotic experiences or borderline personality disorder during teenage years.
  • The researchers hope their findings can help identify at-risk youth to improve early intervention.
  • Keep reading Show less
    Videos

    Why do people believe in conspiracy theories?

    Are we genetically inclined for superstition or just fearful of the truth?

    Scroll down to load more…
    Quantcast