Should humanity’s space roadmap be focused on resource extraction with the transportation bet going all-in on laser-pushed light sails?
Shouldn't the focus of space development should be neither on pure science nor on human settlement but instead on profit-generating resource extraction? Scientific discoveries and human movement into space will necessarily accompany the need to solve engineering problems associated with locating resources and making them usable (typically by bringing them to the vicinity of the Earth-Moon system), but science and settlement don't necessarily produce economic development.
There are several problems associated with profitably extracting and transporting resources in space, but the key problem for profitability is that financing space ventures requires a turnaround time that is very fast in comparison to the timetable imposed by available propulsion systems. In brief, because of the time value of money, hypothetical investors in space resource development ventures are going to want to see return in 5 to 10 years rather than the 20 to 50 years which would be optimistic given current trajectories. The present value of a dollar received 25 years from now is effectively zero.
Because the problem with financing resource development in space is the lack of transportation fast enough, in view of the time value of money, to produce a positive net present value, and because that lack exists because of inherent limitations of reaction-mass propulsion systems (such as rockets), the solution is the one method of reactionless propulsion that actually exists: the light sail, and specifically the laser-pushed light sail.
The utility of laser-pushed light sails necessarily depends on the power of the lasers, and developing the lasers would be no mean feat. It would be more practical to develop a network of moderately powerful lasers arranged in a series of stations along a network — in order to bring a vessel up to speed in stages and then slow it down in stages — than it would be to develop one superlaser at each end. Laser stations would be permanent infrastructure that would be used repeatedly, and the utilization rate would determine the profitability of the network. The up-front cost of building the network would be high, but the marginal cost of using the network for one trip would be relatively low. The network would resemble a railroad in that travel would be possible only along the route of the network and only by vessels authorized to use the network (some may be owned by the network, while others may pay to use the network, much as Amtrak pays to use freight rail track for passenger service). One solar system-wide transportation network could serve multiple ventures (as long as they pay). How many intermediate laser stations are needed for the network would be a cost-benefit question, balancing the cost of laser stations against the power of the lasers. Intuitively, it seems that three lasers per station and three light sails per vessel would enable the use of less powerful lasers, would improve the handling of the vessels by adjusting the sails, and would make it easier to avoid hitting the vessels with the lasers. The light sail apparatus could be detached from the vessel at the destination, with a new vessel being attached, either for a return trip or to go on to a new destination. The laser stations would be held in place using reaction-mass thrusters that could be resupplied with fuel by using the network. That would make it possible to reposition laser stations to accommodate the movements of destinations (planets, asteroids). Initially, the vessels would almost certainly be completely automated, because accommodating humans with life support and so forth increases total mass of a vessel by something like a factor of 10. Automated systems should be very capable of identifying and extracting valuable minerals and returning them to the Earth-Moon system. Over time (how much time would depend on the profitability of the ventures using the network), the network would extend to Uranus and Neptune (sources of deuterium and He-3, as well as hydrocarbons from which composite space hulls could potentially be made), and even to the Kuyper Belt if there's something there worth extracting. (In theory, the network could go interstellar — it's reactionless — but the nearest resource-rich star system is Epsilon Eridani, which is 10 light years away.) Over centuries, the number of laser stations could number in the thousands, enabling reactionless travel throughout the solar system. (Development of plasma propulsion would benefit from the development of systems to power the lasers).
An appropriate roadmap could begin with a Moon base that includes facilities to produce fissionable materials using locally mined inputs, which would serve as fuel for laser stations and for ion and plasma reaction-mass engines (which would also be necessary). It seems unwise to rely on terrestrial sources of fissionable materials, because the public outcry from one launch accident could shut the whole thing down. Ultimately, the laser stations would have to be mass produced in order to keep unit costs as low as possible.