Monthly Archive for May, 2008

Which will Humans Colonize First: the Oceans or Space?

The rapid growth of the human population leads to quite a problem. We might be outgrowing this planet. Many have begun looking to space for answers — from the epic scifi stories of Star Wars, Star Trek, and Battlestar Galactica, to the real world investments of entrepreneurs Jeff Bezos, Richard Branson, and Elon Musk.

But is space really the next logical frontier for entrepreneurs and adventurers?

The oceans cover 72% of the earth’s surface and yet their great depths are still remarkably unexplored. Peter Thiel recently invested $500,000 to kickstart Seasteading — an organization who is working to colonize the oceans and build micro-nations on the sea. The organization aims to:

“…establish permanent, autonomous ocean communities to enable experimentation and innovation with diverse social, political, and legal systems.”

The problems of colonizing space and colonizing the oceans overlap in many ways. What laws would these new colonies be bound by? How would food and energy be created? How will the colonies connect with the rest of the world? What currency would be used?

Lessons learned on the sea could be applied to our first ventures into space. Peter Thiel’s investments have received impressive returns (co-founder of PayPal, early investor in Facebook, Clarium Capital). The Seasteading investment and his investment in the Methuselah Foundation (which exists to end aging) are certainly risky, but the potential payoff if either organization is successful is huge.

At present, the barriers to colonizing the ocean are lower, but a lot of money is being poured into the private space industry. A lot of progress will be made in both areas, but I think advances will be quicker on the ocean.

Work Process from Timothy Ferriss

Work Process - Timothy Ferriss

Courtesy of Timothy Ferriss on Flickr.

On Abundance, Disruption, and Value Shifts

From Kevin Kelly, founding executive director of Wired Magazine:

When copies are super abundant, they become worthless.
When copies are super abundant, stuff which can’t be copied becomes scarce and valuable.

When copies are free, you need to sell things which can not be copied.

This is such a simple statement, but it signifies a very dangerous and disruptive trend for several industries — most notably the music industry.

Music recordings are now super abundant. T-shirts, ringtones, and concerts are scarce. The music industry should focus on getting music out the door and spreading the content freely to win as many fans as possible. Then they can offer a wide range of experiences and products to those fans. The music itself is just a hook now. The barriers are lower than ever for getting music to the ears of the public. However, lower barriers to creation and distribution lead to more content, which means the barriers to keeping the attention of fans are higher than ever.

Movies can be copied and are now super abundant too, but the experience of watching a movie in a theater is not easily reproduced. Books are easily copied on the web too, but the experience of curling up on the couch with a book and flipping real pages is not easily reproduced. News content is super abundant, good investigative reporting is not.

There are value shifts happening in many industries because the web is changing boundaries and enabling knew types of communication and interaction between people. The business people who can recognize the direction of the value shift, and what services or products of their business are becoming easier to reproduce, will survive. The businesses of those who cannot (or even worse, refuse to) acknowledge the change, will die.

Mark Cuban on Destiny and Dreamkillers

I am a regular reader of Mark Cuban’s blog. Every once in awhile he has a post that is absolutely brilliant. Mark slices ideas in ways that only a few other people I know can, and this makes for some unique content.

About a month ago he wrote a post on finding out “what you are destined to be.” Destiny is a bit misleading because of the connotations associated with the word. A better explanation of what Mark describes as “destiny” is the role that, given a person’s skill set and tastes and interests, a person is best fit to play in the giant system that is the world. Finding this role (or roles) is an evolutionary process.

Each person has a different skill set. One should try many different jobs and activities, change environment and learn constantly, search for unique experiences, and gradually eliminate jobs that are not enjoyable (at least in some capacity) and that one is not very good at.

Some questions from Mark:

Do we know what we are destined to be, or do we find it through experiences? Are each of us really good at something, and its just a matter of finding it? Do we all have something that we would love to do every day and do we inherently know it, or do we have to find it? Will what you love to do always be what you are great at?

His experience and some thoughts on college:

Personally, I always have enjoyed business, but I never knew that I had an aptitude for technology until I got a job at Mellon Bank that lasted all of 8 months. But during the many hours of boredom, I found myself sitting in front of a mainframe teaching myself a scripting language called Ramis and loving every minute of it. Which lead to me buying a TI/99A I think it was, for 99 dollars, attaching a tape recorder as a drive (how is that for dating myself) and teaching myself basic. Which led to… You get the idea. I loved every minute of it. Maybe I wasnt the best programmer in the world, but in combination with business and sales skills, I found something that was a blast to me that I could and did do 24 hours at a time and not miss a beat.

Personally, I don’t think people “know” what they are destined to be until they try it for the first couple times.

Going to college should be about experiencing as much academically as you possibly can, but more importantly, it should be about learning how to learn and recognizing that learning is a lifelong endeavor. School isn’t the end of the learning process, its purely a training ground and beginning…

On obligation and debt as dream killers:

Of course there is always a caveat to destiny, and thats obligation. The greatest obstacle to destiny is debt, both personal and financial. The more people you are obligated to, the harder it is to focus on yourself and figure things out. I’m a big believer that getting married is about finding yourself first, which makes it a lot easier to find the right person. If you can’t stand on your own, it’s impossible to successfully be part of a couple.

I’m also a big believer that financial debt is the ultimate dream killer. Your first house, car, whatever stuff you might want to buy are going to be the primary reasons you stop looking for what makes you the happiest.

How crazy is it to settle for a house , car or ?? over what it is you would like to do on an hourly or daily basis ?

Never Settle and there is no reason to rush. If you aren’t happy with where you are at, simplify your life and go out and try as many things as it takes to find what you may be destined to be. If there is such a thing…