The Pace Of Disruption

▶️ Watch on 3Speak


SpaceX is throwing up a brand new communication system. They will have it operational in years. Compare this to the telephone which took decades to get operational and accepted, and we can see how fast disruption is taking place.

In this video I cover how it could affect long term investing.

As always, this is not financial advice.


▶️ 3Speak

Sort:  

I believe the speed of development and operation is a factor of private vs government. Private capital and accounting tends to be more efficient and cost effective than any government program ever created.

Posted via Steemleo

That is true but keep in mind that much of the foundation research that takes place is under government grants.

Most of what we use today was research, at least in part, by government entities. The dollars spent on research by the DOD and DOE dward that of any player in the private sector.

Plus, keep in mind that many large corporations tend to suffer the same inefficiencies as governments. OneWeb is a prime example of a company that is operating in an outdated fashion which is opening the door for SpaceX.

It is one reason why I am so high on the open source, decentralized community. The disorganized chaos tends lead to faster outcomes. Millions of people working on what interests them always brings about better results.

Posted via Steemleo

Plus, keep in mind that many large corporations tend to suffer the same inefficiencies as governments. OneWeb is a prime example of a company that is operating in an outdated fashion which is opening the door for SpaceX.

What then is the way out?

Posted via Steemleo

But the end of all things has drawn near. Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)

Question from the Bible, Why are some children born with disabilities?

Watch the Video below to know the Answer...
(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)


Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://steemit.com/created/hive-182074

Coin Marketplace

STEEM 0.27
TRX 0.26
JST 0.039
BTC 93717.65
ETH 3415.90
USDT 1.00
SBD 3.20