It could help, but we'd need a coordinated effort to actually save Earth and humanity.
...so mankind is stuck on this rock forever.
PTW.
More like "humanity is doomed, barring coordinated effort, so if your goal is to save humanity from itself you need organization more than space colonies."
-snip-
Nice theories, but they seem to be assuming you want self-sustaining colonies and not much more.
Most sources of metal are in gravity wells, so either expansion will be stopped at some point or you'll need to get to a gravity well eventually.
Besides, making a large-scale lunar colony requires less resources than an equally-large floating space colony. Potentially much less.
Free-floating colonies aren't a bad thing, but you still need world-based colonies.
Mainiac, we got abundant Iron and water on Earth, and it's way easier to get around here. Why can't we build more real estate here?
Anything that can be done on the Moon can be done more easily on Earth, or in LEO. (Except a space shipyard).
First off, he was talking about free-floating bases. Kinda like spaceships, but they don't need to move.
Second, we have a gravity issue and a "sunlight is horribly finite here" issue. Sure, it's finite in space too, but you can just move the space stations farther apart.
Third, Lunar real estate is cheaper than Terran. Less environment, less people, more undergrounding...
Gravity, I would assume. Lunar gravity is a sixth that of Earth's; assuming there are no exponential or polynomial relations I'm not aware of, that means it's as easy to build something six hundred meters high on the Moon (all things being equal) as something a hundred meters high on Earth.
No, you don't want to build on the moon at all. You launch the materials off the moon and then build in space. The surface of the moon has gravity and a day night cycle, neither of which you want. The gravity is too weak for human habitation, it would cause long term health problems.
The gravity in space is even lower...
If you build entirely in space your architect passively controls every aspect of the environment, including space. You don't need to settle for 1/6 gravity when you can set the spin rate and size of your station to give you exactly the gravity you want. Depending on the emissivity of the materials you use on the outside of the station you can pick whatever temperature you want it to be inside year round. By tweaking the shape of the station you chose how strong the winds inside will be. Set the day night cycle to whatever you want by scheduling the illumination mirrors to shine sunlight into the environment (ok, that part isn't quite passive).
Anything preventing centrifuges on Luna from working? It would probably be simpler if nothing else, because you have something to anchor to. The only downside is that if you stuck a whole city in the centrifuge, gravity would shift by 1/3 G each revolution.
You can even set the exact parameters of these matters to different levels at different parts of the station. For the residential and commercial levels you probably want the gravity near 1 g so you put them on the rotating ring. Agriculture might not need as much gravity so you make the greenhouse structure rotate more slowly or make it smaller in radius. Industry you want zero g so you make that not rotate at all. You give the residential sections a day night cycle but for agriculture, commerce and industry you can just have daylight 24/7. All of this can be done without any active energy expenditures to maintain the light/gravity/temperature levels you want.
Why would you want commerce and industry to be light 24/7? It wastes electricity.
Anyways, most of that environment-control stuff can apply to Lunar or even Terran bases. Electric lights, shades, building underground...
Well sort of but the ships would have no locomotion and wouldn't actually be built at the moon. You'd launch iron ore from the moon and then smelt it at a refinery in space. (Space would be a good place for smelting because you could get very high temperatures on the cheap if you just shine a lot of light on your smelting material and then don't radiate it.) So the moon is really just a mining site and launching point.
The problem with space smelting is, you can't get rid of the heat...
Lunar smelting makes more sense. You can use sunlight as well, dissipate the heat easier, and the ore is probably heavier than the finished metal.