Peter Diamandis Government Quotations

In the space business, space had gotten very much to be the aerospace industry. This is something that governments only do and it's where the Boeings and the Lockheed's and the Northrop's and so forth. And there's no way these small companies could do it.

Go and try to start your own government in the United States today and you'll be squashed very quickly.

The question companies have to ask, or governments have to ask is, where do we allow crazy ideas to bubble up? Because if there is a failure, what happens? Someone gets blame. There's a lawsuit, there's a congressional investigation. And so, those things shut down the creative engine.

Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.

It's sad that the U.S. government doesn't fund risky research anymore.