Name: Our next giant leap
Uploaded: 2008-09-03T01:00:00Z
Duration: 15 min 11 s
Description: Peter Diamandis says it's our moral imperative to keep exploring space -- and he talks about how, with the X Prize and other incentives, we're going to do just that.

Peter Diamandis says it's our moral imperative to keep exploring space -- and he talks about how, with the X Prize and other incentives, we're going to do just that.

Our next giant leap

Expanding humanity into space is not just a dream but a moral imperative, driven by curiosity, fear, and the pursuit of immense wealth. The resources in space dwarf anything found on Earth, with a single nickel-iron asteroid holding up to $20 trillion in value. Recent breakthroughs, like the privately funded Ansari X PRIZE, show that entrepreneurs and competition—not governments—are making space travel more accessible and affordable. Incentive prizes are now sparking radical progress well beyond the government’s reach.