Steven Spielberg, director, producer, and screenwriter, during the filming of E.T. the Extra-Terrestrial. Universal History Archive/UIG via Getty Images
Steven Spielberg, director, producer, and screenwriter, during the filming of E.T. the Extra-Terrestrial. Universal History Archive/UIG via Getty Images
Steven Spielberg, director, producer, and screenwriter, during the filming of E.T. the Extra-Terrestrial. Universal History Archive/UIG via Getty Images
Steven Spielberg, director, producer, and screenwriter, during the filming of E.T. the Extra-Terrestrial. Universal History Archive/UIG via Getty Images


We used to look up at space in wonder, and now we just want to use it to make a buck


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January 07, 2022

When William Shatner went into space in October last year, there was a global frisson of excitement. At the age of 90, the star of the long-running sci-fi series Star Trek had actually gone into space, making him the oldest person ever to do so. The fiction we grew up with, just over half a century later, was becoming fact right before our eyes.

Space travel has long been a preoccupation of human beings. A True Story, by Lucian De Samosata, the 2nd-century Greek satirist, is the earliest known work of fiction to include travel to outer space and alien lifeforms. The 1902 French feature Le Voyage Dans La Lune (A trip to the moon) by Georges Melies was the first film to show lunar travel.

William Shatner as Captain James T Kirk, attends a photo opportunity in 1988 for the film "Star Trek V: The Final Frontier". The performer who breathed life into Kirk, at age 90, boarded Jeff Bezos' Blue Origin NS-18 last year. AP
William Shatner as Captain James T Kirk, attends a photo opportunity in 1988 for the film "Star Trek V: The Final Frontier". The performer who breathed life into Kirk, at age 90, boarded Jeff Bezos' Blue Origin NS-18 last year. AP

As technology has developed, and our species' relationship with outer space has moved from fantasy and imagination to reality, our attitudes towards space have also shifted. Shatner’s trip was a showcase of how close we are to commercial space travel. But his role in Star Trek as captain of a wondrous, exploratory, non-profit mission into the cosmos sits seemingly at odds with the billionaires – one of whom sponsored Shatner's trip – who are in the new space race.

This contradiction highlights how our sense of awe for what is beyond our atmosphere is at risk of being consumed by the old vices of imperialism and capitalism. What once left us humbled and gobsmacked by its boundless unknown and was treated with great respect has now become another avenue for commercial benefit, a possible escape from the results of our own profligacy on earth and an arena in which we can continue with the same destructive behaviour.

This shift is particularly evident as we compare the big blockbuster film of the holiday period, Don’t Look Up, and Steven Spielberg's 1982 classic E.T. the Extra-Terrestrial.

E.T. marks its fortieth anniversary this year ,which makes it a poignant and important moment to look at how our ideas have changed – where excitement still lies, but also where danger lurks.

In the film, a young boy, Elliot, befriends an extra-terrestrial who has been left behind on Earth by his peers who came to the planet to gather botanical samples. Stranded alone, all E.T. wants to do is "go home". The film was shot from the perspective of the boy in an intimate setting, unfolding a drama of friendship, family and belonging that has tugged on our heartstrings for four decades. There is a strong empathy between Eliot and the alien, who has a magical healing power. E.T. comes to our world lost and lonely, and we teach it to be human, in the process discover the wonder of ourselves.

We must avoid arrogance about human beings' supposed dominance of space

Today, Don’t Look Up shows us how our attitudes towards space have gone from a collective innocent wonder to something more arrogant and materialistic.

The film, by director Adam MacKay, is about a group of astronomers who try to warn the world that a giant comet is going to destroy the Earth in an "extinction-level event". It is an expose of how politics, media and commercial interests trigger the end of our planet; it is widely seen as a commentary on our reaction to climate change. But it also tells us something about our attitudes towards space. As the comet hurtles towards Earth, a handful of ultra-wealthy individuals boards a spaceship to a new destination in space. They land on a planet 22,740 years later, assuming space is theirs for the taking – having destroyed one planet, it’s time to head to the next one.

As the main characters that have remained on Earth gather for a last supper before the comet smashes into the planet, Leonardo DiCaprio’s astronomer asks poignantly: “We really did have everything, didn’t we?”

Hazza al Mansouri (left) Sultan Al Neyadi ahead of a journey to the International Space Station.
Hazza al Mansouri (left) Sultan Al Neyadi ahead of a journey to the International Space Station.

Like the countdown in Don’t Look Up, we still have time to change things. The excitement of space and our respect for it still exists. Our collective childhood excitement was reignited when astronauts were recruited from around the world for travel to Mars. I challenge you not to feel a thrill when you read UAE astronaut Hazza Al Mansouri’s description of his training. The epic scale of space that lies before us still has the power to excite.

But as the credits to Star Trek remind us, if we want to "boldly go where no man has gone before", we need to recapture the wonder, awe and respect for space that was embodied in the relationship of Eliot and his extra-terrestrial friend. What we must avoid at all costs is one growing strand of entitlement and arrogance about human beings' supposed dominance of space. Humanity is only just emerging from brutal centuries of imperialism and colonisation of earth. It would be a tragedy to repeat its mistakes in space.

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The figures behind the event

1) More than 300 in-house cleaning crew

2) 165 staff assigned to sanitise public areas throughout the show

3) 1,000 social distancing stickers

4) 809 hand sanitiser dispensers placed throughout the venue

What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

The five types of long-term residential visas

Obed Suhail of ServiceMarket, an online home services marketplace, outlines the five types of long-term residential visas:

Investors:

A 10-year residency visa can be obtained by investors who invest Dh10 million, out of which 60 per cent should not be in real estate. It can be a public investment through a deposit or in a business. Those who invest Dh5 million or more in property are eligible for a five-year residency visa. The invested amount should be completely owned by the investors, not loaned, and retained for at least three years.

Entrepreneurs:

A five-year multiple entry visa is available to entrepreneurs with a previous project worth Dh0.5m or those with the approval of an accredited business incubator in the UAE.  

Specialists

Expats with specialised talents, including doctors, specialists, scientists, inventors, and creative individuals working in the field of culture and art are eligible for a 10-year visa, given that they have a valid employment contract in one of these fields in the country.

Outstanding students:

A five-year visa will be granted to outstanding students who have a grade of 95 per cent or higher in a secondary school, or those who graduate with a GPA of 3.75 from a university. 

Retirees:

Expats who are at least 55 years old can obtain a five-year retirement visa if they invest Dh2m in property, have savings of Dh1m or more, or have a monthly income of at least Dh20,000.

BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities

Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails

Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies

Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments

Updated: January 07, 2022, 2:00 PM`