To the stars and beyond.

On the topic

Starlink in detail.

By developing their own satellites, SpaceX could create and define a new market for highly capable, democratized space communication access, provide a revenue stream and payloads for their own rocket even as they self-cannibalized, and eventually unlock trillions in economic value.

While there is space in this world to be nostalgic for the diminution of our connection to nature and the loss of solitude, it is important to remember that technology, and technology alone is responsible for the vast majority of humanity’s emancipation from the “natural” cycles of ignorance, premature avoidable death, violence, malnutrition, and tooth decay.

https://caseyhandmer.wordpress.com/2019/11/02/starlink-is-a-very-big-deal/

Galileo vs GPS.

Galileo has two main problems: being two satellites down (I would say 6), and the other one being terrible communications. In my somewhat applicable experience, (human) communication problems are generally a symptom of deeper problems and frequently reflect structural deficiencies.

http://berthub.eu/articles/posts/state-of-galileo-and-accident/


Business

Amazon’s 1997 letter to shareholders.

It’s All About the Long Term. We believe that a fundamental measure of our success will be the shareholder value we create over the long term. This value will be a direct result of our ability to extend and solidify our current market leadership position.

https://venturebeat.com/wp-content/uploads/2010/09/amzn_shareholder-letter-20072.pdf

Why Micromobility is a letdown.

https://mondaynote.com/the-micromobility-mirage-a814e6e126be?source=rss----c537d80ed0a---4

The Aramco IPO.

https://aswathdamodaran.blogspot.com/2019/11/a-coming-out-party-for-worlds-most.html

Man and the machine.

Robots and software raised the demand for high-skill workers, older workers, and men, especially in service industries. 

https://voxeu.org/article/how-different-technologies-affect-different-workers


Best regards,

Max