Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

We are all now connected by the Internet, like neurons in a giant brain.

 

Stephen Hawking

 

Amazon CEO Jeff Bezos thinks space can be the new internet

RATE THIS! +36
Posted in Science on 21st Oct, 2016 03:41 PM by AlexMuller

Amazon CEO Jeff Bezos saw Neil Armstrong step on the Moon nearly 50 years ago and the moment changed his life. Now, as the head of one of the robust online retailers in the world, Bezos says that space is the next frontier, a new internet that is desperately lacking in infrastructure to support new entrepreneurs.

 

Speaking at the Vanity Fair New Establishment Summit in San Francisco today, Bezos said the sole purpose of his rocket venture Blue Origin is to build out the same kind of infrastructure for space that Amazon enjoyed in 1995 with the early internet.

 
"Two kids in their dorm room can reinvent an industry," Bezos said, referring to the strengths of the modern internet. "Two kids in their dorm room cannot do anything interesting in space." Bezos says rocket reusability needs to be improved, and both Blue Origin and Elon Musk’s SpaceX are working toward the goal of vastly reducing the cost of sending payloads to space.
 
Bezos said there's also a number of restraints right now that prevent the kind of entrepreneurial spirit that helped create Amazon do the same for a next-generation space venture. "We need to be able to put big things in space at low cost."
 
Bezos talked of his earliest days at Amazon more than 20 years ago, where he was driving packages himself to the post office with a 10-person team. "We were sitting on a bunch of a heavy lifting infrastructure," he said. "For example, there was already a gigantic network called United States Postal Service. The internet itself was sitting on top of the long distance phone network." This is the kind of infrastructure Bezos hopes to build out with Blue Origin.
 
Amazon has similar business ventures dedicated to the future of computing. Bezos says Amazon Web Services, which rents server power in the cloud to startups and even huge tech companies like Spotify and Netflix, is a similar heavy-lifting exercise that’s paid off for his company.
 
(AWS is Amazon’s most profitable and fastest-growing division.) With the Echo speaker and Alexa assistant, Amazon is betting big on artificial intelligence and hoping its platform will be the one to dominant the living room. Like AWS and the early internet before it, the strength of Alexa depends in part on what companies are able to build on top of it.
 
"Every time you figure out some way of providing tools and services that allow other people to deploy their creativity, you’re really onto something," Bezos said. But building that infrastructure space is still his grandest dream. "I think space is about to enter a golden age."

Tags: spaceorbitAmazononlinebusinessentrepreneurship

Read original article » Back to category

Comments



 

Recent headlines

  • Posted in Software on 2017-04-30 18:12:52
    Experts Assert That AI Will Be Replacing CEOs..read more
    Posted in Science on 2017-04-30 17:58:36
    Scientists think Facebook and Elon Musk are way too.....read more
    Posted in Medicine on 2017-04-30 17:52:58
    Non-O blood group 'linked to higher heart attack risk'..read more
    Posted in Business on 2017-04-29 13:25:52
    Google Is Becoming 'A.I. First'..read more
    Posted in Science on 2017-04-29 13:18:48
    SpaceX looks to break into national security launch.....read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Nanoparticle vaccine shows potential as immunotherapy to fight.....read more
    Posted by AlexMuller
    Obesity is top cause of preventable life-years lost, study shows..read more
    Posted by AlexMuller
    Light can be utilized to control gene function..read more
    Posted by AlexMuller
    Brain stimulation restores memory during lapses, research shows..read more
    Posted by AlexMuller
    Wax worm caterpillar will eat plastic shopping bags: New.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me