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Space: The Next Business Frontier Hardcover – October 2, 2001

3.1 3.1 out of 5 stars 12 ratings

A leader in broadcast financial journalism explores the future of business and technology in the wake of the collapse of the dot-com stocks, arguing that space exploration and technology will be the next frontier of financial opportunity and growth.

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From Publishers Weekly

Dobbs created a media sensation when he jumped ship as the anchor for CNN's Moneyline to launch Space.com during the heyday of Internet startups in 2001. He returned to CNN two years later as his space venture failed to achieve Dobbs's lofty ambitions, although unlike many dot-coms, Space.com is still in operation. In his book, Dobbs presents what is in essence the business rationale for Space.com. Despite his own company's struggles, Dobbs remains convinced that lots of money can be made in the heavens. "S-commerce" is now a $100-billion business, Dobbs claims, with huge growth potential. Satellites generate the majority of space revenues now, but Dobbs sees giant opportunities for such industries as manufacturing, energy generation and even tourism. In eight neat chapters, he discusses the economic upsides to space as a new business along with the possible pitfalls, investing in space, NASA, satellites (including high-speed Internet access and live public and private broadcast) and specifics like combustion and launch stations. He ends with a list of "the top 100 players in the space business game." While his arguments many not convince all skeptics about the upside for space business, they are persuasive enough to show that Dobbs wasn't completely starry-eyed when he shot off Space.com.

Copyright 2001 Cahners Business Information, Inc.

Product details

  • Publisher ‏ : ‎ Atria (October 2, 2001)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 288 pages
  • ISBN-10 ‏ : ‎ 0743423895
  • ISBN-13 ‏ : ‎ 978-0743423892
  • Item Weight ‏ : ‎ 1.05 pounds
  • Dimensions ‏ : ‎ 6.42 x 0.97 x 9.6 inches
  • Customer Reviews:
    3.1 3.1 out of 5 stars 12 ratings

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Customer reviews

3.1 out of 5 stars
3.1 out of 5
12 global ratings

Top reviews from the United States

Reviewed in the United States on January 5, 2007
Lou Dobbs is a well known American through CNN. I read the book more because of who he is as opposed to his knowledge of space science. The book, after all, is entitled: Space - The Next Business Frontier. For a 2001 publication date, the book was and remains insightful. American space industry still faces the International Traffic in Arms Regulation of the U.S. State Department that he seeks to provide commentary. The Congress has yet to adopt a Zero Gravity Zero Tax regime so desperately needed to foster the commercial space business. After reading this book some time ago, I still cite it now and then because of the business personality author and because of his correct insights to make space commerce more viable even in 2007. It is a contribution to enlisting non-space business niche people to understand the sector's problems. It would be great if he updated and republished.
Reviewed in the United States on October 8, 2003
It is very ironic that outsourceing to China, the only hope for a boom in the satellite launching business, is repeatedly and heavily criticized by Lou Dobbs's Moneyline on CNN. I see no alternative when the Chinese can do it cheaply and safely while our own space program is not going anywhere. Lou, watch the news as the Chinese send a man to space later this week. And if this doesn't open your eyes, talk to executives at Boeing and ask them what they think of your views. And I haven't even mentioned the numerous technical errors in this book which have been covered clearly and hilariously by somebody else.
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Reviewed in the United States on January 10, 2002
My excitement at a major new rally to space by a high-profile journalist turned largely to chagrin upon reading this effort, which reads more like a transcript of a spoken-word broadcast than a book, with enough five-second sound bytes to make any CNN anchor envious. Steel yourself to go beyond thickets of breathless hyperbole into really careless errors, such as alternately referring to "Lockheed Titans" (correctly of course) and "Boeing Titans" (say what?) This is more than embarrassing; to see such glaring errors where I know a little about what he's talking about causes me to doubt all the seemingly useful information in areas unfamiliar to me. I can't escape knowing that the book's facts are sloppily researched and undependable. (It also gives me one more reason to wonder about the sentience behind CNN's financial reporting, of which Dobbs was apparently the architect - I'll stick to the Economist magazine.) The book's flaws extend further, with analysis as flawed as the facts. The predictions of developing technology are about as authoritative as if someone read Michio Kaku's "Visions" last summer and is now trying to summarize it to you after a handful of martinis. Think I'm exaggerating? See page 204, for this steeltrap analysis of mining asteroids: "While the robot miners themselves would have to be durable and sturdy, the relative lack of gravity on asteroids might make the actual removal and transport of heavy metals a relatively easy process." Might be relatively easy? He couldn't say something like, it would be a tremendously difficult and complex feat of engineering, but would have the great advantage of a miniscule escape speed? If you're still not sure, see page 212 for this stunningly unintelligent hot air: "Although a vehicle that can essentially use air as a form of propellant would seem to be the ultimate spacecraft, it does have its limitations, most notably in space where there is no air." FEEL THE BURN!!! All he's talking about there is air-breathing combustion engines, as space-age as a Ford Model T, which of course are the ultimately WRONG engines to use in the vacuum of space - but he phrases it as if that is a small technical detail. This would feel dumb even relative to the average letter to the editor of "Popular Science." I can only give Dobbs the benefit of the doubt that he handed off a bunch of half-organized notes to the small-print-listed career shadow writer to assemble into what was supposed to be a coherent book form, and by the time Dobbs saw the finished product, it had already gone to press. So why was I generous enough to give two stars? There is still some interesting information in here, even assuming it is reliable and even if it must be weedled out from among the fluff, which is painful enough to read like AOL Time Warner is experimenting with content-writing software in place of awkward, more expensive human writers. The history of Rene Anselmo's PanAmSat as a renegade startup that now earns a billion dollars a year on GM's behalf is a great example of the tasty tidbits of actual information on space business. Most of the book, though, is a regurgitation of speculations on the future of space business, as if someone decided the world needed a cliff's notes of Gerard O'Neill. Just about all the book's material is covered elsewhere with much more clarity and understanding - the majority is covered with a thousand times more intelligent analysis in the first few chapters of Robert Zubrin's "Entering Space: Creating a Space-Faring Civilization." In fact, the book co-opts so much previous material in such a dead-on rehash, with so little source documentation, that the book at least borders on plagiarism. (You know when a source does happen to be documented by the humorously dramatic appearance of the word "Source" in parentheses; apparently looking up a standard reference convention in MLA or the Chicago Manual of Style were also beyond the scope of this book, as is any kind of index. Of the sources that are given, most are merely to web sites, another telling testament to the book's research ethic.) Still, hopefully Dobbs' huge mug on the cover - even grainy and slightly out-of-focus as it is - will draw a new cross-section of society into the dialogue on the human future in space. And fleeting through the first half or so of this book is a rational projection of the economic potential of space and an indictment of the bureaucratic domination of the aerospace industry that has stifled progress in the past few decades. I sincerely hope a more responsible commentater takes up the task in the next year or two of releasing the book this should have been. Until then, unless you feel the subject matter here is so compelling to overlook this book's many flaws, you will find your time and money far more rewarded by skipping this slacker's cream puff in favor of Robert Zubrin's "Entering Space."
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Reviewed in the United States on October 30, 2001
This book contains a few errors that affect its credibility (e.g. John Glenn was 77, not 65, when he returned to space in '98). The errors don't ruin the positions that the authors take, but they do undermine an arrogant stance that they choose to adopt in places, often directed at NASA; the authors criticize others for such sloppiness and hypocrisy, ironically. Let's raise the bar for everyone involved in the pursuit of space, including the prominent authors of this book. Most readers do want the book to succeed, for space's sake. Have a quick read and provide constructive feedback for the 2nd edition. It needs an index, a bibliography, a more positive balance in places, and some general polish to rid the feeling that the book was rushed to press. It does have interesting content: a look at companies and technologies and trends in the space industry. Download the first chapter for free from Dobb's space.com and go from there ...
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Reviewed in the United States on April 20, 2008
I am a big Lou Dobbs fan. I have read all his books, and if you like reporters that speak up for the Middle Class, than Lou is your man. He tells it like he sees it, and he pulls no punches. He's a true patriot who attacks Democrats and Republicans alike. If he believes a public official is up to no good, than he will say so, and it doesn't matter who.