Who Wants To Be A Trillionaire?

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  • čas přidán 24. 10. 2019
  • There are millions of asteroids in our solar system. Because some are full of materials that are rare on Earth, they have been valued at stupendous amounts. But the most valuable resource in space may be something that's abundant back on the ground.
    For more Giant Leap episodes: • Space: The Final Busin...
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    --------
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  • Věda a technologie

Komentáře • 4,3K

  • @business
    @business  Před 3 lety +61

    We have some exciting news! We’re launching channel Memberships for just $0.99 a month. You’ll get access to members-only posts and videos, live Q&As with Bloomberg reporters, business trivia, badges, emojis and more.
    Join us: czcams.com/users/bloombergjoin

    • @Ash_C-zz4nu
      @Ash_C-zz4nu Před 3 lety +16

      No

    • @pjm6939
      @pjm6939 Před 2 lety +3

      Will I get endless access to continuous programming with my eyelids taped open? If so, sign me up!

    • @dragon.fromindia3235
      @dragon.fromindia3235 Před 2 lety +1

      GOLD WILL STABILIZE THE MARKET SELL THE GOLD.//

    • @lukeben1596
      @lukeben1596 Před 2 lety +1

      @Gary Threadgill Thank you Gary I will write her too

    • @allankerr4854
      @allankerr4854 Před rokem

      Allan ricardo kerr i want to be the next trillionair

  • @patrickmilanopatacsil8689
    @patrickmilanopatacsil8689 Před 4 lety +2238

    Just Imagine being Trill Gates

  • @mrmoncherz2574
    @mrmoncherz2574 Před 4 lety +1175

    This lady sounds like she’s about to tell me my base is under attack 😂

    • @kyjw10
      @kyjw10 Před 4 lety +22

      Jay Jason
      We have taken Objective Butter

    • @WhatLegendsAreMadeOf
      @WhatLegendsAreMadeOf Před 4 lety +22

      Command & Conquer

    • @Cneqq
      @Cneqq Před 4 lety +27

      "Your resource extractor is under attack!"

    • @elijahmorrison3904
      @elijahmorrison3904 Před 4 lety +6

      Best comment on CZcams lmfao

    • @LordArioh
      @LordArioh Před 4 lety +8

      or maybe all your base are belong to us?

  • @Jac76906
    @Jac76906 Před 3 lety +1688

    How to become a trillionaire
    Rule 1: Must be a billionaire

    • @realmtraveller
      @realmtraveller Před 3 lety +57

      rule 2 must be a millionaire

    • @christiangrigorov5749
      @christiangrigorov5749 Před 3 lety +27

      @Jerrod Braley We will not care about the asteroids and the moon. We will use it just like a virus does to our body but without the resistance from the body. When there is nothing to harvest go to other asteroid and so on..
      EDIT: This is what I understood from the video and I really believe it will happen

    • @WorldRecordRapper
      @WorldRecordRapper Před 3 lety +2

      so get a penny or a buck

    • @DrCrazyEvil
      @DrCrazyEvil Před 3 lety +2

      @Don Mega implying Jeff Bezos does actual work lol

    • @antholito
      @antholito Před 3 lety +7

      Willing to bet that all of you complaining about Bezos still buy products off of Amazon.

  • @Andrey0348
    @Andrey0348 Před 3 lety +281

    Watching all this "technologies" make me understand that i wont live enough time to see all the cool Stuff in the future ...

    • @fockewulf190d9
      @fockewulf190d9 Před 3 lety +18

      Nobody lives long enough for that.

    • @arthurschildgen5522
      @arthurschildgen5522 Před 3 lety +26

      *Laughs in technological singularity

    • @hottyarcticgang1129
      @hottyarcticgang1129 Před 3 lety +8

      ... said everybody in the past and will say I'm the future

    • @grgmetube
      @grgmetube Před 3 lety +7

      I hope we don't muck up everything and only reason to go into space is because we are forced. The whole trend seems that way though. Whole history of man that no warnings are listened to, until we have dire sequences. Human's need to be remade

    • @marioguti9887
      @marioguti9887 Před 3 lety +3

      @@grgmetube Yep, we are always looking for a new planet that could hold human life so we might move there someday...how about taking care of the planet we call home now?

  • @tylerellis2115
    @tylerellis2115 Před 4 lety +2465

    This has been an outstanding series and I would love more futurist content.
    There's a large demand for this content, but little supply

    • @Kampouse
      @Kampouse Před 4 lety +51

      when the content is not about the views but the content itself!

    • @keffylion1447
      @keffylion1447 Před 4 lety +45

      Issac arthur

    • @moazim1993
      @moazim1993 Před 4 lety +8

      Whoa are you saying that the market don’t magically get to equilibrium. That’s blasphemous.

    • @JamieM20001996
      @JamieM20001996 Před 4 lety +10

      @@moazim1993 No, he's saying it hasn't reached equilibrium yet.

    • @mragunathan1627
      @mragunathan1627 Před 4 lety +2

      Atleast with this supply, its not possible to get high off it.

  • @Vastfill
    @Vastfill Před 4 lety +880

    Just imagine saying you own a space mining company

    • @kenogu436
      @kenogu436 Před 4 lety +196

      Sounds alpha as fuk.

    • @wickedleeloopy2115
      @wickedleeloopy2115 Před 4 lety +18

      I would be happy to call myself the human alien astronaut , let alone mining...lol

    • @icikleog8201
      @icikleog8201 Před 4 lety +32

      I will be saying that in 20 years

    • @austinchery
      @austinchery Před 4 lety +6

      Red Faction

    • @nigel2065
      @nigel2065 Před 4 lety +22

      net worth: 1.4 Centillion dollars

  • @PRODBYLIIVID
    @PRODBYLIIVID Před 3 lety +34

    I literally thought of mining on asteroids at 3am like 4 years ago, time to follow thru!

  • @theGoogol
    @theGoogol Před 2 lety +56

    I remember when millionaire was a term reserved for the extremely rich.

    • @MrSylvandragon
      @MrSylvandragon Před 2 lety +10

      millionaires were the billionaires of "yesterday." Trillionaires will be the billionaires of "tomorrow."

    • @2HN.
      @2HN. Před rokem +8

      These are just concepts. Main game is who controls what.

  • @culturemelt3163
    @culturemelt3163 Před 4 lety +2139

    Spoiler Alert:
    It will be one of the billionaires.

    • @WilliamCronin
      @WilliamCronin Před 4 lety +139

      yeah you got to be a billionaire to become a trillonaire

    • @WaterDrinker011
      @WaterDrinker011 Před 4 lety +45

      Apna Anime and have rich parents to become a millionaire

    • @johnmurphy3948
      @johnmurphy3948 Před 4 lety +125

      @@WaterDrinker011 thats fucking false

    • @raecher3393
      @raecher3393 Před 4 lety +78

      Jack Murohy imagine still believing in the American Dream

    • @tecumsehzacateco8798
      @tecumsehzacateco8798 Před 4 lety +1

      TheBiggest Grizzly 🤣

  • @jekasolomon
    @jekasolomon Před 4 lety +3067

    False, the first trillionaires were trying to buy bread in Zimbabwe. 🤣

    • @justaregularguy4435
      @justaregularguy4435 Před 4 lety +45

      Chris stfu

    • @saikou1490
      @saikou1490 Před 4 lety +35

      @@ZackWolfMusic your education is fake

    • @eugeneng4187
      @eugeneng4187 Před 4 lety +58

      I feel like space naysayers are just some really dedicated trolls whom enjoy our frustrations of them

    • @ihswap
      @ihswap Před 4 lety +50

      @@ZackWolfMusic I've seen Saturn and it's rings with my own eyes just using some binoculars, you can see the ISS if you know where to look. There's math and scientific research and equations that if you study hard enough you can do yourself on paper that show how space and physics work. There are private agencies pioneering into space that will provide comercial space travel and if you're young enough you'll probably be able to see happen or maybe even travel to space yourself. There are literal videos of balloons sent out to space showing the travel frkm ground to space with no cuts including one video where a daredevil skydived from space onto earth this was a marketing stunt by Redbull. You don't have to trust government agencies to prove space is real and the earth is a globe. Lots of comercial and private companies are doing that for you. If you had enough money you could see yourself. In a survey by Yougov 11% of the population believes the earth is flat or is skeptical on a round earth. There are a total of 2,604 billionaires in the world. With those stats around 286 billionaires should theoretically either not belive in a globe or are skeptical. Yet noone has come forward trying to disprove a round earth or space which could change all of history and science. Because they know it'll be a waste of money theyll just find a ball in space and that's what the billionaires that did go to space find just a GLOBE in SPACE.

    • @ZackWolfMusic
      @ZackWolfMusic Před 4 lety +6

      @@ihswap AL.L that stuff you so called see you can only see it through a filter lens. There is a difference of showing how space and PHYSICS work and proving it. Proving space is not possible not at all the cloest thing we have to space is low earth orbit. No space agency/ company is going to take a group of people to space, but if you wanna experience space there is space companies that let you experience space Virtual reality, not in reality, and if you had big money to go to space like 100k or 50k to buy a ticket to space you will only be in low earth orbit If not virtual reality. The red bull stunt was filmed in low earth orbit with a fish eye lens to show the fake pretend curvature of earth, fish eye lens, windows are one of the easiest ways people believe they live on a sphere round earth, if you buy a non fish eye lens attach to a ballon you will not see no curvature of earth, if we really on a olblate speriod earth that has curvature then we should be able to easily with a non fish eye lens thr curvature of earth, a fish eye lens is a concave lens that curves everything it records and this one of many reasons what make people believe earth is a sphere when in fact it is a flat earth. Don't trust the government agencies about space being real it is not space is science fiction that plays with your subconscious mind to make you believe it is true, space is a dream that why every space image is animated and CGI, painted art. Those so called billionaires you are talking about they don't give a care and also some of them don't wanna mention earth is flat because they will be ridiculed and made fun of and lose credibility. Earth is actually flat and yes it would change everything as we know it, you see the ball theory and it's heliocentric model is phesdo science just like astro PHYSICS also evolution big bang, dinosaurs earth being billions of years old is a hoax If the earth is billions of years old how are we in the year 2019? This is simple sh!t you should be asking yourself but yet you stay in denial of the truth earh being a flat plane. The BILLIONAIRES of this earth don't wanna spend money to show the masses the earth is flat it will show everything that has been hidden for thousands of years and will show how fake Nasa, space x and others are. Planets are not spheres they are lights in the firmament just like the sun and the moon and there is only seven planetary lights not that fake painting/ CGi video animation planets you get from Nasa that is made using Computer software. Don't trust BILLIONAIRES and Scientists they are fooling you. I can tell you are young probley in high school or very brainwashed in science fiction being real when in fact it is fiction.

  • @jonathanbrooks81
    @jonathanbrooks81 Před 3 lety +10

    Water 💧 is the most valuable thing to start mining in space, to make fuel, to make everything else in space vastly cheaper.

  • @Cyberplayer5
    @Cyberplayer5 Před 3 lety +12

    4:15 Actually you could have the opposite happen if the price changes the material might be used for things it is not now. Thus making the demand go up instead and the price correcting for that move.

    • @PanduAsli
      @PanduAsli Před 2 lety

      Yes the something something paradox

  • @SocksWithSandals
    @SocksWithSandals Před 4 lety +337

    I'm old enough to remember when the BBC could produce science documentaries of this quality.
    Thank you, Bloomberg.

    • @laur-unstagenameactuallyca1587
      @laur-unstagenameactuallyca1587 Před 4 lety +9

      it still does, but only recent ones were Brian Cox's Planets and David Attenborough's series. other than that yeah it's shite.

    • @piotrd.4850
      @piotrd.4850 Před 4 lety +5

      Just imagine, BBC commisioning series equal to '80s "Yes, Minister" now :D

    • @ichidan1633
      @ichidan1633 Před 4 lety

      Sometimes still does, well at least sometimes

    • @michaelxz1305
      @michaelxz1305 Před 4 lety +3

      I heard some fawlty towers episodes are even banned by the BBC

    • @CHUUMPASS
      @CHUUMPASS Před 4 lety +5

      you should rename the BBC to PCTV. unfortunately british quality journalism (along with most anything else that is british) has become a thing of the ever more distant past.
      BBC is like the NHS.

  • @burntorangeak
    @burntorangeak Před 4 lety +682

    Earth: "we can't use water for fuel."
    Space: "let's just use water for fuel."

    • @CountingStars333
      @CountingStars333 Před 4 lety +16

      Literally hehe.

    • @dirkdiggler9379
      @dirkdiggler9379 Před 4 lety +62

      Trust me if oil was on the moon they would use it.

    • @dirkdiggler9379
      @dirkdiggler9379 Před 4 lety +18

      Ivan Chernyshev no. There is natural occurring methane gas throughout our solar system. Methane is a hydrocarbon

    • @carlojones8610
      @carlojones8610 Před 4 lety +25

      Car running on water threatened the big oil interest..
      Fuck high school chemistry class and them false hopes. 💩💩💩🌎⚰

    • @kennethd.9436
      @kennethd.9436 Před 4 lety +23

      There’s a car that runs on water man...
      -Hyde, That 70s Show 😊

  • @D3athW1ng
    @D3athW1ng Před 3 lety +11

    These guys drilling tech is like something out of Frank Herberts' Dune novel.
    "The Spice Must Flow"

  • @mwesigyedavid8674
    @mwesigyedavid8674 Před 3 lety +26

    Others: How to be trillionaire!
    My friend: how to be rich while sleeping.

  • @assaultflamingo2.068
    @assaultflamingo2.068 Před 4 lety +211

    I'm a newcomer to Bloomberg, this series brought me here and haven't been disappointed. In an age where bad news sells, it's refreshing and inspiring to see such amazing things on the horizon, things to look forward to and be excited for. Brilliant series Bloomberg, I hope this, or more like it continue!

  • @slopeIV
    @slopeIV Před 4 lety +462

    Gru was on to something when he stole the moon...

    • @mightyelijah
      @mightyelijah Před 4 lety +3

      noobmaster69 lol

    • @tribalbyron2598
      @tribalbyron2598 Před 4 lety +6

      Facts

    • @MOON-yn8ec
      @MOON-yn8ec Před 4 lety +3

      Someone watching a lot of animated movies!

    • @lashedandscorned
      @lashedandscorned Před 4 lety +7

      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon and
      you take the moon

    • @siddharthgupta9801
      @siddharthgupta9801 Před 4 lety +5

      Despicable me😂😂😂

  • @martinjacobson3191
    @martinjacobson3191 Před 3 lety +61

    Omg the Future looks amasing. I hope i can afford to see the moon one day.

    • @LasVegar
      @LasVegar Před 3 lety +24

      Look up

    • @diabeticvodka9312
      @diabeticvodka9312 Před 3 lety +10

      Buy a telescope

    • @joeking433
      @joeking433 Před 2 lety +4

      You can, just look up to the sky at night.

    • @davidgilbert2009
      @davidgilbert2009 Před 2 lety

      @@joeking433 🤣

    • @StrikerCup79
      @StrikerCup79 Před 2 lety +1

      you should’ve have said “i could visit the moon one day” not see because we can see the moon everynight unless you are too sloth not doing anything at night or not looking up

  • @shaneparmar1261
    @shaneparmar1261 Před 2 lety +6

    As Kurzgesagt mentioned in their video, the more reason to have a moon base to work from space. As your base is already on the moon, costs less then trying to go into orbit everytime.

  • @horizontal4099
    @horizontal4099 Před 4 lety +584

    Asteroid in space worth 700 quadrillion dollars
    Me: does anyone have a ladder

  • @masterdriveroftoyotazupr4164
    @masterdriveroftoyotazupr4164 Před 4 lety +2329

    Who wants to be a Trillionaire?
    *Jeff Bezos has entered the chat*
    "resources like water...."
    *Nestle has entered the Chat*

    • @jjjteal123
      @jjjteal123 Před 4 lety +24

      The funniest thing I’ve seen today 😂😂😂

    • @fredj7701
      @fredj7701 Před 4 lety +9

      Al Gore and his 2030 Agenda's budies... Haven't you a carbon tax already?

    • @paulnovak833
      @paulnovak833 Před 4 lety

      Jeff Bezos will be get there soon

    • @lasredchris
      @lasredchris Před 4 lety

      @@paulnovak833 blue origin lol

    • @x4na002
      @x4na002 Před 4 lety

      😂😂

  • @williamburroughs9686
    @williamburroughs9686 Před 2 lety +3

    Wow this video makes me excited for the future of space. I really hope that I will get out there some day. :)

  • @kamking2432
    @kamking2432 Před 3 lety +2

    This is a road map of innovative companies to invest in. Thank you

  • @linmal2242
    @linmal2242 Před 4 lety +77

    "And even returning the most valuable asteroids could drastically devalue those materials" - Price and value are not synonymous!

  • @syedfaizanali8046
    @syedfaizanali8046 Před 4 lety +260

    Human: How much zeros you want in your price tag?
    Astroids: Yes

    • @giogee9396
      @giogee9396 Před 3 lety +6

      That’s cool and all, but all I heard throughout this, was “money to be made”, we are always innovating to make other’s richer in monetary value, but what about the enrichment of the human species? I guess money > humans, am I right? Before you argue w/me that money is a driving factor for innovation, let’s argue why our health and knowledge shouldn’t be the driving factor in our lives.

  • @scratchpad7954
    @scratchpad7954 Před 3 lety +25

    1:39
    Wow, CZcams's compression algorithms did not like that!

    • @robinfrenzy
      @robinfrenzy Před 3 lety

      it's fine in 4K ;)

    • @buraburee
      @buraburee Před 3 lety +1

      I thought it was my connection

    • @scratchpad7954
      @scratchpad7954 Před 3 lety +1

      @@buraburee There is a fascinating video by Tom Scott that explains why the video quality crashes when a static-like image plays on the screen. It had to do with limited bandwidth.

  • @ism_nft
    @ism_nft Před 3 lety

    I think of a sinerio where the future of space minning could be open source. Big companies build minning bots and tools in space, available to the public to rent and individual scavenging... Also a market-station where scavengers can ship their loots back to earth or trade with Third-party or big companies

  • @nigel2065
    @nigel2065 Před 4 lety +212

    Mr Beast: "First to mine dabba de gets to keep 100 trillion Dollars"

    • @drane1210
      @drane1210 Před 4 lety +1

      I don't get it please enlighten me. What am I missing?

    • @yeaiamtrill
      @yeaiamtrill Před 4 lety

      @@drane1210 dabba de is the most expensive asteroid and mr beast makes a lot of videos like: last hand off of [insert random thing here] keeps it

    • @drane1210
      @drane1210 Před 4 lety

      @@yeaiamtrill thanks for the info i tried to look it up but didn't find nothing so I assumed it was an anime or Minecraft reference

  • @martincontreras6776
    @martincontreras6776 Před 4 lety +278

    Sounds like space needs a whole lot of freedom
    (Eagle noise)

    • @armoredcupcake5383
      @armoredcupcake5383 Před 4 lety +40

      do i smell space oil

    • @sumguy01
      @sumguy01 Před 4 lety +6

      Lol, most people don’t know what eagles actually sound like so this is even more funny than you think it is

    • @waters1027
      @waters1027 Před 4 lety +1

      Made my day sir. Thank you! lmfao

    • @niccolopaganini4268
      @niccolopaganini4268 Před 4 lety +1

      @@johnperic6860 Unless you're Switzerland

    • @remyb9937
      @remyb9937 Před 4 lety +1

      I'd love to see the US or any country, try to bring "freedom" to an advanced alien civilization that claimed that $700 quintillion asteroid already. I bet we'd try to do it in our infinite arrogance, get blown to kingdom come and the survivors would come back crying about how "oppressive" the aliens are

  • @av1479
    @av1479 Před 3 lety +61

    I was a trillionaire.
    But then I woke up.

  • @Amphictyon1
    @Amphictyon1 Před rokem +1

    Excellent series. One small point on this video: Blue Origin is most certainly not in the same category as SpaceX.

  • @humzamalik3752
    @humzamalik3752 Před 4 lety +639

    "The first Trillionaires will be those who mine asteroids"
    *Jeff Bezos has entered the chat*

    • @Animaniac-vd5st
      @Animaniac-vd5st Před 4 lety +6

      he is already in that game for several years now.

    • @jovanleon7
      @jovanleon7 Před 3 lety +34

      Lol Elon Musk is in the chat for over a decade

    • @kayrosis5523
      @kayrosis5523 Před 3 lety +16

      Elon: Oh hey Jeff, Fashionably late as usual?

    • @arnowisp6244
      @arnowisp6244 Před 3 lety

      @Derek Ross For a while before they get devalued back to billionaires.
      Still, expect an explosion once space mining is a thing.

    • @kickAssScience
      @kickAssScience Před 3 lety +6

      Trillionairs already exist big banking families.... when the dollar inflates away everyone will be trillionaires.

  • @VeganSpaceScientist
    @VeganSpaceScientist Před 4 lety +55

    Some of the environmental benefits of mining in space instead of Earth include:
    It is easier to get from the Moon or some asteroids to low Earth orbit than it is to get from Earth to low Earth orbit. If we mine ice on either the Moon or asteroids, apply electrolysis to separate out the hydrogen and oxygen, we can use that as a propellant for satellites or space missions. This will mean fewer refuel launches from Earth, and having to relaunch fewer satellites (today they last ~20 years then run out of fuel so we relaunch them).
    Metals are becoming increasing harder to extract on Earth, with many of the concentrated, near surface deposits already being extracted. This leaves a number of deeper and less concentrated deposits with a greater impact to extract. As we are reliant on metals, extracting these from an asteroid and returning them to Earth may have less of an environmental impact.
    Helium 3 can be found on the Moon in abundance. While nuclear fusion technology seems to be some way off, if it were commercialised, a supply of helium 3 from the Moon could supply fusion reactors for clean energy.
    And an extra one not quite related to mining - but some people have proposed putting solar panels on the Moon and beaming the power back to the Earth’s surface to be collected and used.

  • @geofferyromany4634
    @geofferyromany4634 Před rokem

    We need to pool our resources and build a Babylon 5 station. Neutral space station dedicated to peace between nations and to IXP interplanteary exploration. Love that series.

  • @caseyford3368
    @caseyford3368 Před 2 lety +1

    Using the latest tech in every part of life would greatly help us. We need to make factories in space and on other planets. So we can process materials there before sending where it's needed. Earth, somewhere in space or other planets.

  • @juanfelipegomez7529
    @juanfelipegomez7529 Před 4 lety +276

    I promise you guys
    I'll dedicate my life to space industry development based on future space exploration. My name will be in that Trillionaire list .. already creating my plan, strategy and ideas. You'll hear from me sooner or later

  • @Astronetics
    @Astronetics Před 4 lety +45

    This content is absolutely, downright, outstanding; it's educative, insightful, and overall magnificent.
    Bravo to the people who worked on these episodes!
    Bloomberg have been on FIRE with this series.
    ...
    I was in the middle of binge-watching when I realized Ep. 4 is currently the latest one.
    Now I'm sad.

    • @business
      @business  Před 4 lety +9

      Fear not - there's another awesome series starting this week called Moon Shot! Stay tuned.

  • @joshuasanchezi
    @joshuasanchezi Před 3 lety +7

    30 years from now... Minecraft Space Edition Released

  • @chammockutube
    @chammockutube Před 2 lety

    Though done 2 years ago, still relevant and a quality video!

  • @Iggy1eco
    @Iggy1eco Před 4 lety +13

    You guys are killing it lately with the content. You can be sure we want much more of it! Science and Tech for life

  • @HomoSapiensMember
    @HomoSapiensMember Před 4 lety +73

    Absolutely, downright, brilliant production; educative, insightful, wonderfully exciting and inspirational. Thank you for this, Bloomberg and the team who made this video possible!

  • @KapilSingh1104
    @KapilSingh1104 Před 2 lety +1

    One of the questions that always had me intrigued.😉

  • @shankarnabben8347
    @shankarnabben8347 Před 3 lety +8

    It's quite ironic that we still have trouble managing to land on the surface of the moon more than 50 years later from the first moon landing.

    • @zubinkynto
      @zubinkynto Před 3 lety +8

      We don't, really, it's just about organizing the mission and decreasing expenditure. You know how expensive and dangerous the Apollo missions were? Both the U.S. and Soviet Russia were willing to spare no expense in order to one up each other. Today's projected missions occurring in the next few years are being done in just the multi-millions rather than the multi-billions, and are nearly completely AI driven rather than human driven like the Apollo program.

  • @tempusfugit3635
    @tempusfugit3635 Před 4 lety +18

    15:00 - "okay okay hear me out, we're not going to LAND on the asteroid, we're going to EAT it instead"

  • @jeffderitis1378
    @jeffderitis1378 Před 4 lety +20

    This has always been my dream career ever since i was really young. I cant exactly say what drove me to this at that time, but i know what keeps me dreaming about it.

  • @larrybooth1771
    @larrybooth1771 Před 3 lety

    So much technology surrounding and dependant on mechanics. I'm surprised they haven't looked into HARMONICS. Sound resonance can be a very powerful tool. It's hypothesized the Egyptians used harmonics to drill perfect holes.

  • @marianoalippi5226
    @marianoalippi5226 Před 3 lety

    This is perfect without pollution and fun and also to start understanding how big rocks out in space works so as to prevent the mere our impact that made the dinosaurs disappear from earth.

  • @radhekrishanrathod9001
    @radhekrishanrathod9001 Před 4 lety +35

    When we start mining in space
    New level unlocked.

    • @horizontal4099
      @horizontal4099 Před 4 lety

      Haha, then everyone receives that x box achievement unlock pop up

    • @michaelhall7663
      @michaelhall7663 Před 4 lety +2

      Exactly space is the next level in human evolution no doubt about it. Mining on the Moon and Mars will be productive only on-world while asteroids will be open to Earth.

  • @chidubem826
    @chidubem826 Před 4 lety +257

    Who wants to be a trillionaire?
    Me: I want to be one.
    You have to mine asteroids.
    Me: Okay. Bye.

    • @TheTribal88
      @TheTribal88 Před 4 lety +19

      Unless you understand that the point of this whole video is supposed to attract Investors for mining companies like Honeybee robotics or just spaceX etc.. That’s how you might be able to benefit from this too, by buying shares..

    • @view3367
      @view3367 Před 4 lety +1

      Yes

    • @user-kl1rh8rb8l
      @user-kl1rh8rb8l Před 4 lety

      seem like hanna.. kk

    • @chicxulub2947
      @chicxulub2947 Před 3 lety

      @@TheTribal88 The point these investors are attracted is... ah... who am I to explain anything anyways???

    • @asahiorbit4565
      @asahiorbit4565 Před 3 lety +1

      I want to be one, I'll try!

  • @ar1sm70
    @ar1sm70 Před rokem +3

    I wish so badly that I'm alive to see at least some human presence in space...

  • @jamesstepp1925
    @jamesstepp1925 Před 2 lety +1

    A few points.
    The main point of going to the moon first is how close it is. We can use tele robotics with no lag time instead of putting people there to work, drastically lowering costs and risks. It is also loaded with the same materials we build with on earth.
    One thing to realize about space is that it is the full Monte. Energy like nuclear, Vonn Neumann probes using AI to build infrastructure before we get there, resources, propulsion, room to grow and expand. All these thing tie together perfectly, even more so than terrestrial uses would individually.
    SpaceX launch costs being so low is a game changer. The most expensive and hardest part of space has always been getting there. Once there everything else is far less difficult and expensive. Business plans that made no sense 20 years ago are being dusted off. Once NASA clears SpaceX to market to our allies the same way we sell them stealth fighters, every allied (trusted) country will have an affordable America level space program to exploit.
    We do not need to bring space resources back to earth, that would not make much sense. However, bringing back finished goods produced in space from space resources and dropped anywhere on the globe into the gravity well is another thing entirely. Eventually it will be cheaper and safer to produce finished items and energy in space. There is no EPA above low earth orbit, and nobody with any sense cares if the moon is open pit mined. We have already accessed and mined the easily available resources on earth, and there will be a tipping point where hard to access resources on earth are more expensive than easy to access space resources.

  • @swapnilkurve4677
    @swapnilkurve4677 Před 4 lety +112

    I am loving with this series Blomberg 🥰

    • @Pyriphlegeton
      @Pyriphlegeton Před 4 lety +1

      @Crebs Park
      Why does that matter?

    • @weldinggirl
      @weldinggirl Před 4 lety +2

      It doesn’t matter and I love this series too....

  • @mechy2k2000
    @mechy2k2000 Před 4 lety +142

    Lol this video triggered flashbacks of eve online for me lol

    • @Hexados-666
      @Hexados-666 Před 4 lety +3

      I clicked on this video to make this comment but thank you for doing it for me

    • @PsychoSubSandwich
      @PsychoSubSandwich Před 4 lety +3

      Hopefully SpaceX won't have to worry about being ganked by a UFO

    • @Hi-Im-RubX
      @Hi-Im-RubX Před 4 lety +2

      These first generation mining drones are, like really crappy. Must be cheap on the "market"

    • @kenogu436
      @kenogu436 Před 4 lety +2

      Wish I can live long enough for Capsuleers to exist lol

    • @urbanconcept3080
      @urbanconcept3080 Před 4 lety

      o/

  • @soyouknow8207
    @soyouknow8207 Před 3 lety

    This is what we all should be focusing on. Once we can recourses from space there will be no need for wars anymore. If our recourses run out before that though we will fade away

  • @motshidisidiboto69
    @motshidisidiboto69 Před 3 lety +2

    The technology is more interesting than the process itself

  • @kurinio_turejas
    @kurinio_turejas Před 4 lety +8

    Fantastic series - both entertaining, informing and inspiring. I'd love to see more of the kind!

  • @BlackHatMDA
    @BlackHatMDA Před 4 lety +12

    "Put the asteroid in a bag and manipulate it in a practical way"
    Transastra, you're a delight

  • @cluffer56
    @cluffer56 Před 3 lety +3

    I like how they mention that bringing an asteroid with tons of metals back to earth would make the price go way down and say it like that’s a bad thing.

    • @IgnacioAOlivar
      @IgnacioAOlivar Před 3 lety +2

      'cause they think with 20th century mind. As Jeremy Rifkin says, we are towards a zero-cost society, with abundance of resources and exponential reduction of scarcity. For example, if space mining increase the total amount of platinum of course price of this material will fall but more products will be made with platinum because of that, creating new markets and new demands with every new product.

    • @lancetheking7524
      @lancetheking7524 Před 2 lety

      If a price goes down, probably does the profit

  • @dylanfletcher2138
    @dylanfletcher2138 Před rokem

    Finally! Space mining, I bought this up a few months ago, how exciting!

  • @sushantkadam9045
    @sushantkadam9045 Před 4 lety +7

    Thank you Bloomberg for making this series.

  • @hsvr
    @hsvr Před 4 lety +82

    These minerals are expensive because of the rarity of them, once mining gets going the prices will come down significantly

    • @SA2004YG
      @SA2004YG Před 4 lety +36

      Or they will artificially inflate it like diamonds. Or maybe we'll start building much more due to cheap prices

    • @drmosfet
      @drmosfet Před 4 lety +11

      If the price goes down on some type of metals, the use of that metal will go up, there lots of industrial application for silver and gold, but we might suffer from silver and gold burn out, because some people will go crazy with the stuff!

    • @metallica27796
      @metallica27796 Před 4 lety +1

      Matt Bershinsky if it was not for money, trading would be extremely inefficient. Mining asteroids would not really generate production value but will only create extreme inflation. Pretty much like what happened with the Spanish conquistadors. It would be pretty much like travelling to space in order to print money from a central bank printer. Completely unproductive with catastrophic consequences. Money should be unreproducible.

    • @mrhawkyoudown6333
      @mrhawkyoudown6333 Před 4 lety +2

      Matt Bershinsky total elimination of Money? You are joking right it will never happen

    • @eugeneng4187
      @eugeneng4187 Před 4 lety +2

      Exactly what they explained in the video?

  • @delroyjohnson7604
    @delroyjohnson7604 Před 3 lety

    I wish that South Africa had space recourse schools cause id love to be part of this project

  • @NBH-xh3nq
    @NBH-xh3nq Před 3 lety +7

    Just use the 'Drill-O-Matic' Mining Excavator

  • @C4OnYourDoor
    @C4OnYourDoor Před 4 lety +4

    Love the entire series so far, well done

  • @Monkechnology
    @Monkechnology Před 4 lety +89

    "Space mining..."
    * Stellaris players has entered the chat*

  • @dennisn1672
    @dennisn1672 Před 3 lety +9

    Don't worry. Someday we'll all be rich when one of these metal giants brings every person on earth it's riches.

  • @zenonherrera4366
    @zenonherrera4366 Před 2 lety +1

    I guess what I'm failing to understand is why these materials can't be used for their general purposes. Example: Iron can be used for building, for forging. Gold also used in some construction, platinum, is of course used in a lot of our electronics. Why does everything have to revolve around what it's worth moneywise? We look so much at how much money we can gain form something, and the money value of something going up or down, that we forget all about an items general uses. It really is such a shame.

  • @muffin9588
    @muffin9588 Před 4 lety +159

    Dead Space taught me it is a terrible idea to mine asteroids.

  • @colepalmer906
    @colepalmer906 Před 4 lety +6

    This is the best series you guys have ever done. Keep em' coming.

  • @ravindertalwar553
    @ravindertalwar553 Před 2 lety

    Congratulations 👏 and all the best for your success and happiness 💖

  • @SailorBarsoom
    @SailorBarsoom Před 3 lety

    I've played around with a story involving a space hotel. One idea I had was that Earth's nations agree not to let gold from asteroid mining on Earth, because they don't want the price of gold to crater. So, the hotel buys it up cheap, and even the cheapest rooms have gold bathroom fixtures.

    • @joyhouse4625
      @joyhouse4625 Před rokem

      The biggest problem humanity has is that gold mining in space would never mean all gold comes to earth 🌎? Answer's would be to have space bank's that could hold gold resources in space 😉.

    • @SailorBarsoom
      @SailorBarsoom Před rokem +1

      @@joyhouse4625
      I can't think of any reason that wouldn't work.

    • @joyhouse4625
      @joyhouse4625 Před rokem

      @@SailorBarsoom space economic growth is the future.

  • @egooidios5061
    @egooidios5061 Před 3 lety +7

    I have been thinking of this concept for five years now and there it is, finally popped up as an idea.
    Keep in mind that we Humans are like any other animal, but we also came to require many things more than food. Nothing will drive a space race more than a race to exploit precious metals and other materials. Especially as our loneliness is growing bigger and our little planet becomes more and more of a precious jewel, all mining process on Earth will be eventually banned, very strictly.

  • @jerrysstories711
    @jerrysstories711 Před 4 lety +7

    14:55 Brilliant. I have never before heard "cubic tennis court" used as a unit of volume. Love it.

    • @stevetennispro
      @stevetennispro Před 4 lety

      I guess it will serve. ;)

    • @stevetennispro
      @stevetennispro Před 4 lety +1

      Siriusly though, a tennis court's space is two dimensional. It is standardized, but the volume above and/or below it is not. So, as a unit of surface area fine... volume, not so much. And I would know. Tennis is my racquet, after all. ;) Truly, "cubic tennis court" seems a bit "lob-sided" to me. ;)

  • @happyduckling8401
    @happyduckling8401 Před 3 lety +2

    Imaging leaving the Milky Way and u forget to fill up the tank. Hazard lights on😂

  • @chromosome24
    @chromosome24 Před 3 lety +1

    1:47 Would the abundance of minerals from mining asteroids shift the supply curve down; Reducing the per unit value of the commodity? If so, then those are over estimated values.

  • @fry8h
    @fry8h Před 4 lety +64

    “Seven hundred quintillion dollar”

    • @arnowisp6244
      @arnowisp6244 Před 3 lety +2

      Enough to pay for reparations.

    • @dhmkkk
      @dhmkkk Před 3 lety

      @@arnowisp6244 to whom? Single mother or drug addicts🌚

  • @wolfofdubai
    @wolfofdubai Před 4 lety +261

    It’s an unimaginable number: trillion
    When most of us in a lifetime barely make 1 million

    • @TheGeneralZubas
      @TheGeneralZubas Před 4 lety +33

      Lets hope they share the wealth next time.

    • @Lifeissorich.
      @Lifeissorich. Před 4 lety +38

      Actually most Americans will make 1MM over a lifetime. Not save it though obviously.

    • @theduke6174
      @theduke6174 Před 4 lety +29

      LOL this isn't about the numbers, this is about our next frontier, I don't think their point is about being a Trillionaire, its about the next economic enterprise in space would generate Trillions in general !

    • @mattstorm360
      @mattstorm360 Před 4 lety +5

      @@TheGeneralZubas It would be harder to keep that wealth I think. But people will find a way to stay rich by being cheap as hell.

    • @ArtSmosh1274
      @ArtSmosh1274 Před 4 lety +1

      @@mattstorm360 I don't believe it would difficult to keep it when it's that much

  • @temuulmunkhtur
    @temuulmunkhtur Před 3 lety +3

    just like the guy in the video said: "it's happening right now. it's a very exciting times"

  • @owaingillam1665
    @owaingillam1665 Před 3 lety

    Does anybody know the book/ article/ paper shown in 5.34. I would like to know more about this please. Thank you

  • @mylesjennings2905
    @mylesjennings2905 Před 4 lety +49

    Fly me up I'll jump out with a pickaxe and boom we got unlimited resources

  • @kevinavila9489
    @kevinavila9489 Před 4 lety +43

    Nestle: Water is not a basic human right, it's everywhere in space anyone can just go there and get it

  • @jonathanrleblanc8632
    @jonathanrleblanc8632 Před 3 lety

    it super cool to think about mining in space but while we waiting for the technology why not starting collecting theses ressources at one place closer to us for when we would be ready to mine

  • @marcoantoniopadillaorozco3591

    I have a dream of creating my own asteroid mining company, both to extract metals and to extract water for fuel.

  • @AppletonPermaculture
    @AppletonPermaculture Před 4 lety +3

    Wow this is fascinating.
    More of this, please.

  • @blastura6710
    @blastura6710 Před 4 lety +29

    man.. I don't know, I feel so sad right now, knowing that I'll probably never witness such things as space mining or deep space exploration.
    really born too early to explore the universe

  • @ee214verilogtutorial2
    @ee214verilogtutorial2 Před 2 lety

    Imagine first massive shipment of space materials comes to Earth. Buy puts on gold, silver, platinum and etc, and as the price of those materials tank you become ridiculously rich

  • @christiansekumade1223
    @christiansekumade1223 Před 3 lety

    The Gravity on the astroid is 10μG, or 0.00001 G. If I jump too high, I'll be levitated until I'm near another object. I have to bring my legs up, pull my legs forward, stand up, over and over, and when I'm done, I have to bend my legs as I bend down, then stretch my legs, then continue until I reach the ground. If the gravity is going to be 10^-5 times that of Earth, my new weight would be 9 millinewtons. I might as well get used to my new weight of 90 milligrams or 0.032 ounces on that asteroid. It would be worth the money though!

  • @maxprovencher611
    @maxprovencher611 Před 3 lety +8

    One of the greatest series of all time!

  • @davegrillo4761
    @davegrillo4761 Před 4 lety +8

    The first organization/country to do this successfully will cause
    A runaway Inflation similar to what Spain experienced when it took possession of the silver mountain in Peru.

    • @SurvivingAnotherDay
      @SurvivingAnotherDay Před 4 lety

      It better be America, or our country is fucked. The real Cold War won’t end for a long time to come

    • @sciencecompliance235
      @sciencecompliance235 Před 4 lety +1

      I'm not so sure. It will be a gradual increase of valuable resources. We're not going to bring an entire asteroid down to Earth all at once.

  • @muthulingamramiah5546
    @muthulingamramiah5546 Před 3 lety

    Love the Stranger Things like background music... I would use the minerals mined from the Asteroids and build a Dyson Sphere like Space Station around the Earth...

  • @attasenior2842
    @attasenior2842 Před rokem

    Amazing content

  • @franklyerlool3554
    @franklyerlool3554 Před 4 lety +265

    Imagine being the 1% who is actually concerned with this

    • @SwastikSwarupDas
      @SwastikSwarupDas Před 4 lety +48

      THE 0.1% ACTUALLY

    • @destroyerofworlds2239
      @destroyerofworlds2239 Před 4 lety +8

      "Concerned". It's really a wet dream, if one sees the state the world is

    • @franklyerlool3554
      @franklyerlool3554 Před 4 lety +3

      DestroyerOfWorlds name checks out

    • @johnmitovij4229
      @johnmitovij4229 Před 4 lety +2

      there are about 2000-2500 billionaires on 7.7 billion of people

    • @flybeep1661
      @flybeep1661 Před 4 lety +3

      @@franklyerlool3554 Ignorant. You have no idea. I bet you're the kind of person who doesn't see the point in driverless cars.

  • @ArthursHD
    @ArthursHD Před 4 lety +7

    I would love to see my kids going in to this field. Since It even could some day make silver wiring practical at large scale like motors,etc.

  • @aphrodyboi
    @aphrodyboi Před 3 lety

    Most if not all major mining resources on earth came from space. What better way to get more of these is to go directly from the source itself. But first we have to overcome major technological hurdles stopping us from taking advantage of these resources first and develop the technology that will finally allow us to. It will further help us to preserve our planet as we no longer need to exploit it and destroy its environment in the process as we can outsource those needed resources from space.

  • @KimAlmighty1
    @KimAlmighty1 Před rokem

    one problem with the estimations of worth... when alot of metals are sold the price goes down.

  • @Jd-pm3kg
    @Jd-pm3kg Před 4 lety +37

    Four ads per video... I guess Bloomberg wants to be a trillionaire.

    • @phoule76
      @phoule76 Před 4 lety

      install Slimjet

    • @zortex9575
      @zortex9575 Před 4 lety +2

      Get ADD Block :)

    • @felix7744
      @felix7744 Před 4 lety +4

      There is an incredible amount of work behind those videos. Bloomberg deserves to be compensated. It's already stunning that we have access to such high-quality journalism just by watching some ads

  • @jeremyjackson1311
    @jeremyjackson1311 Před 4 lety +16

    4:08 Best part.

  • @onebasket7347
    @onebasket7347 Před rokem

    Excited for the future