Wait, the U.S. aren’t even going to try selling the satellites? We’re just scrapping them?
Wait, the U.S. aren’t even going to try selling the satellites? We’re just scrapping them?
How large systems with exposure to these places (insurance, capital markets) respond is what you should look to next. What do you do when you don't have the data to accurately price risk?
Relevant comments:
https://news.ycombinator.com/item?id=43366311
https://news.ycombinator.com/item?id=42450680
https://news.ycombinator.com/item?id=41664750 (top comment of this thread aggressively relevant)
Insurance companies will just be sending up their own satellites, and that is the true goal. Force people to pay money to private entities for a service that used to be provided by the government for free.
Functionally, in such a system there is no difference between that and regular taxes, just in a private system there's opportunities for those in power (because you gotta have a lot of money to send up a powerful satellite) to make even more money.
With the current US administration, always look at the grifting opportunities, that will explain virtually all policy decisions.
Which is why the government running satellites it would need to run anyway is much more efficient.
Indeed but who's going to do that? The US government will, more likely than not, have lost the ability entirely, and Europe... good luck waiting on us.
> Which is why the government running satellites it would need to run anyway is much more efficient
Indeed. But there is no opportunity for continuous recurring grift revenue in that, and that is all that drives the current administration.