Why do billionaires invest in space?

Private investments in space promote competition and innovation. Billionaires providing upfront investments has stimulated the space market and made space more accessible – and profitable.

What is the event that D Rushkoff refers to?

The Event. That was their euphemism for the environmental collapse, social unrest, nuclear explosion, unstoppable virus, or Mr. Robot hack that takes everything down. This single question occupied us for the rest of the hour.

Where do American billionaires keep their money?

Many millionaires keep a lot of their money in cash or highly liquid cash equivalents. They establish an emergency account before ever starting to invest. Millionaires bank differently than the rest of us. Any bank accounts they have are handled by a private banker who probably also manages their wealth.

Are billionaires moving to space?

Billionaires Jeff Bezos and Richard Branson have now both gone to space. Bezos and three crewmates lifted off from the Blue Origin’s West Texas launch site and rocketed to an altitude of more than 62 miles above the Earth. Branson, two pilots and three other crew members flew on the VSS Unity spaceplane.

What is the main argument of generation like?

In Generation Like, author and FRONTLINE correspondent Douglas Rushkoff (The Merchants of Cool, The Persuaders) explores how the perennial teen quest for identity and connection has migrated to social media — and exposes the game of cat-and-mouse that corporations are playing with these young consumers.

Can billionaires escape Earth now?

Billionaires have purchased private islands, built underground bunkers, and gotten LASIK to prepare for not having glasses during the climate apocalypse. They can’t truly escape Earth now, and they likely never will, but they can avoid helping make this planet better.

What will our billionaires find up there in space?

Our billionaires won’t find anything up there but a whole lot of time to sit with the gaping void in their hearts, which space certainly won’t fill, while forcibly holding their asscheeks to a suctioning toilet seat, because they’re constipated as hell from astronaut food.

Are billionaires responsible for the world?

The world is burning, and billionaires are arguably the people most responsible. But at least they will not be able to escape to some other, better place. They will live and die (alone, like all of us) on this beautiful, precious, one-in-a-gazillion planet.

Will the rich live high above the Earth?

The notion that the rich will live comfortably high above the Earth while the planet becomes an uninhabitable wasteland has been popularized by movies like “Elysium” and “WALL-E.”