Peter Diamandis, fully Peter H. Diamandis

Peter
Diamandis, fully Peter H. Diamandis
1961

Greek-American Engineer, Physician and Entrepreneur, Founder and Chairman of X Prize Foundation X Prize Foundation which offers large cash incentive prizes to inventors to solve grand challenges like space flight, low-cost mobile medical diagnostics and oil spill cleanup, Chairman of Singularity University

Author Quotes

When McEwen couldn?t determine the amount of ore he had underground, he was suffering from ?knowledge scarcity.?

The end result of technology is "technological socialism" where our basic needs are being met by Tech. I do think we will be re-inventing the economy (or whatever that means) and will end up where energy and information are the two most precious resources.

The similar situation exists today with Cold Fusion... or zero-point energy. I have a lot of incredibility brilliant friends who swear that it is real. Why isn't there more money being spent to figure that out? Because there's still a big controversy. It has to get to super credible and then he money will pour in.

These are turbulent times.

Today?s environment is ?global and exponential.?

We expect that the first X PRIZE Cup will actually occur in the summer of 2006. We have a couple of years to get the infrastructure in place, ... We're basically creating a new business model for the whole space business including media, sponsorships...and the X PRIZE Cup is an important part of that.

The greatest tool we have for tackling our grand challenges is the human mind.

The simple answer [to the question, ?Why aren?t we more aware of these positive trends??] is because we?re hard-wired not to notice. As the first order of business for any organism is survival, our brain privileges information that appears to threaten us. As a result, we tend to focus too much on the bad news even as the good news struggles to get through. The media is so saturated with bad news ? if it bleeds, it leads ? because they?re vying for the amygdala?s attention. Furthermore, to handle the massive influx of information we process on a moment by moment basis, the brain relies on heuristics. Most of the time these work. Sometimes they fail. When they fail we call them cognitive biases. As it turns out, a lot of our cognitive biases keep us pessimistic as well. The negativity bias is a tendency to give more weight to negative information and experiences than positive ones. Confirmation bias is our tendency to search for or interpret information in ways that confirms our preconceptions?which might not be so bad on its own, but when you add the media?s focus on negative news, you have a recipe for psychological disaster. This list goes on. The result is a brain that believes the end is near and there?s not a damn thing we can do about it.

These days, to perform a blood test, you need access to sterile equipment and trained personnel.

Today?s techno-philanthropists are a different breed. While the industrial revolution focused philanthropy locally, the high-tech revolution inverted the equation. There?s a different mentality now because the world is much more globally connected.

We have seen the emergence of a kind of global data field.

The human body is a collection of 10 trillion cells working together... I think we are heading towards the transformation of humanity being a collection of 9 billion human brains working together... towards a "Meta-Intelligence" where you can know the thoughts, feelings and knowledge of anyone. that's where tech is driving us... As such, I don't know that I would want to live outside of this, just like any one of your human cells has a disadvantage living outside of your body.

The source of my concern was that efficiency was being forwarded as the only option available.

These teams with their different approaches show real out-of-the-box thinking. That's what the Ansari X PRIZE is doing...allowing people to innovate and learn how to operate a new class of vehicle.

Trade is often unequal but it still benefits both sides.

We might be gloomy because gloomy people managed to avoid getting eaten by lions in the Pleistocene.

The impact of the mobile phone in Africa has ?had about the same effect as a democratic change of leadership.

The tools of cooperation always beget the next generation of tools of cooperation.

These vehicles will literally sport a 20-foot bright brilliant flame out the back.

True disruption means threatening your existing product line and your past investments. Breakthrough products disrupt current lines of businesses.

The iPhone has 150,000 times more price performance than Osborne?s Executive.

The two-burner electric cookstove is a simple device, but it would bring magnificent change to the 3.5 billion people who now cook food and get light and heat by burning biomass: wood, dung, and crop residue.

This emphasis on personal growth and personal responsibility is key because we are in the midst of an education revolution. As experts like Sir Ken Robinson?who was knighted for his contribution to education?have said repeatedly, these days, antiquated classrooms are the least of our worries. ?Suddenly degrees aren?t worth anything,? says Robinson. ?When I was a student, if you had a degree, you had a job. If you didn?t have a job, it was because you didn?t want one.?

Twenty years ago, most well-off US citizens owned a camera, a video camera, a CD player, a stereo, a video game console, a cell phone, a watch, an alarm clock, a set of encyclopedias, a world atlas, a Thomas Guide, and a whole bunch of other assets that easily add up to more than $10,000. All of which come standard on today?s smart phones, or are available for purchase at the app store for less than a cup of coffee.

The modern plague of overpopulation is soluble by means we have discovered and with resources we possess.?

Author Picture
First Name
Peter
Last Name
Diamandis, fully Peter H. Diamandis
Birth Date
1961
Bio

Greek-American Engineer, Physician and Entrepreneur, Founder and Chairman of X Prize Foundation X Prize Foundation which offers large cash incentive prizes to inventors to solve grand challenges like space flight, low-cost mobile medical diagnostics and oil spill cleanup, Chairman of Singularity University