Re: Famous Last Words
If there is one thing that is common to almost all innovative industries, it's that they were founded in defiance of all the best advice of the old entrenched players.
There's a reason IBM did not pioneer personal computers (they tagged along later). There's a reason Microsoft did not pioneer web browsing (they dived in later, and were quite successful though. Gates is damn good at this sort of thing.) And there are many other examples.
NASA, Boeing, and others are not going to develop low-cost space travel.