Category Archives: Business

Business, Space, Technology and Society

Failure Is Always An Option

14 Comments

SciAm has a list of all the recent launch failures.

Note that for the past three and a half years, every single one (including last night’s) was built in Russia or the Ukraine. And the last two American ones (not counting last night’s) were both Orbital (separation problem on Taurus). Prior to that, the last American one was the Falcon 1 test program, which should really count, since it was in fact a test program. Orbital has no experience with liquid propulsion, which is why they outsourced it to Ukraine. That appears to have been a mistake.

[Update a while later]

Orbital’s stock is down 17% this morning.

[Update a while later, just before Atlas V launch]

Eric Berger’s thoughts on the implications. I agree that it’s not that big a deal, but I hope it accelerates and end to our reliance on Russian hardware.

Business, Economics, Health, Media Criticism, Political Commentary, Science And Society, Social Commentary, Technology and Society

Financial Planning For Life Extension

2 Comments

An interview with Joel Garreau. Not sure I agree with this:

Boomer octogenarians in 2030 have “too many hard miles on their chassis” to fully benefit, but younger people may have trouble imagining the onetime prevalence of sickness and death.

I won’t be quite that old, but I think that there’s a good possibility that even for octo/nonoganerians there will be potential reversal of damage, and rejuvenation by then. And current government policies based on Scenario 1 (i.e., pretty much business as usual) are doomed to bankruptcy.

Business, Education, History, Media Criticism, Political Commentary, Social Commentary

The “Time Served” Model Of Education

…is breaking down. This, I think, is the key point:

The conventions of the credit hour, the semester and the academic year were formalized in the early 1900s. Time forms the template for designing college programs, accrediting them and — crucially — funding them using federal student aid.

But in 2013, for the first time, the Department of Education took steps to loosen the rules.

The new idea: Allow institutions to get student-aid funding by creating programs that directly measure learning, not time. Students can move at their own pace. The school certifies — measures — what they know and are able to do.

The public-school paradigm is also based on a century-old model: industrial learning. Time to abandon it, but it’s hard, because it so benefits the status quo, even if it’s a disaster for the kids.