Enjoy this weekly feed of inspiring, interesting and intellectual articles and news, with a focus on disruption! Internet satellites deployed and US mega corporations wants to challenge the established health care system!
Internet satellites deployed!
We have recently mentioned the “new space race” passing its tipping point as SpaceX successfully launched its falcon heavy. Another big and potentially very disruptive part of the new space industry is internet satellites.
Today mobile internet is enabled by telecom networks with 3G, 4G and soon 5G. With satellite deployment becoming way cheaper several space industry players have started prospecting to use satellites to connect us to the internet, instead of base stations as in traditional telco. This past week SpaceX (yes them again) successfully deployed two test satellites for this purpose. Now initially these systems will serve rural areas without connection, but when we eventually have thousands of internet satellites orbiting the earth, will there be a need for traditional telco??
US mega corporations wants to challenge the established health care system
The inefficiency and complexity of the US health care system has over the years led to a constant increase in cost, a cost that American companies in large parts account for. As a response Amazon, Berkshire Hathaway and JP Morgan Chase recently announced that they will join forces in establishing an independent, nonprofit, health care company which will (initially) be offered to their own employees. By using technology and the companies’ individual strengths, they want to simplify the system and make it more cost efficient. However, there is yet no clear description of how the business model will work.
Parts health care took the news with ease; a number of companies have previously had the same ambitions without causing major disruption. However, the health care market was not left unaffected. Stock prices were hit and the health care market capitalization dropped by $30 billion in the first two hours following the statement.
It is certain that health care will change from mainly reactive to mainly proactive in the next decade, but when and to what degree? Interesting to follow whether these companies can set the trend!