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

Technology is a resource-liberating mechanism. It can make the once scarce the now abundant.

I think we need to be training people on how to change the world. Obviously, technologies are the way to do that. That?s what we?ve seen in the past; that?s what drives all the change.

In 1995 India had 4.5 million middle-class households. By 2009, that had risen to 29.4 million.

Infant mortality decrease by 90 percent, maternal mortality decrease by 99 percent, and, overall, human lifespan increase by more than 100 percent.

Let?s examine the Osborne Executive Portable, a bleeding edge computer released in 1982.

New technology creates greater opportunities for specialization, which increases cooperation, which leads to more capability, which generates new technology and starts the whole process over again.

Places like MIT, Stanford, and the California Institute of Technology already do a fine job creating super-geniuses who can geek out.

So how much energy does it take to change the game?

That is a question that I really don?t think about [can private industry outperform NASA] while my good friend, business partner, and X PRIZE trustee Ray Kurzweil can give you his answer, which I believe is within the next 30 years or so. I?m personally not focused on ?The Singularity,? I?m more focused on the transformation of humanity into a world of abundance where people have their basic needs be met. So I?m also focused more on the next 2-10 years and how technology is transforming the ability of an entrepreneur to solve the world?s grand challenges and changing the fabric of society. I think most people don?t realize how powerful the changes coming this decade will be.

I want to disrupt our education system and healthcare system for one. They are both massively broken and need revitalization. I would love to do an Earthquake prediction X PRIZE and an organogensis X PRIZE.

In 2008 I took this idea forward, partnering with Ray Kurzweil to found Singularity University (SU).

Information technologies are extremely potent change agents.

Life on Earth is at an ever-increasing risk of being wiped out by disaster? I think the human race doesn?t have a future if it doesn?t go into space. I therefore want to encourage public interest in space.

Now the amygdala is our early warning detector, our danger detector. It sorts and scours through all of the information looking for anything in the environment that might harm us. So given a dozen news stories, we will preferentially look at the negative news.

Poverty has been reduced more in the past 50 years than in the previous 500. One major reason is the abundance of information-and-communication technology. According to research done at the London School of Business, adding ten cell phones per hundred people raises GDP by .6 percent. To quote technology write Nicholas Sullivan on this matter: ?extrapolating from UN figures on poverty reduction (1 percent GDP growth results in a 2 percent poverty reduction), that.0.6 percent growth would cut poverty by roughly 1.2 percent. Given 4 billion people in poverty, that means with every 10 new phones per 100 people, 48 million people graduate from poverty.

So what is possible?

That?s especially troubling, as New York University?s Dr. Marc Siegel explains in his book False Alarm: The Truth About the Epidemic of Fear, because nothing could be further from the truth: Statistically, the industrialized world has never been safer. Many of us are living longer and more uneventfully. Nevertheless, we live in worst-case fear scenarios.

I was in a coffee shop recently and overheard a young couple discussing whether or not it was morally responsible to bring a child into today's world given all of the global challenges we face. What's curious about their question and the dark contemporary mood it represents is that in a very measurable way, the world is better off than it?s ever been. I'll start with poverty, which has declined more the in the past 50 years than the previous 500. Over the last 50 years, in fact, even while the population on Earth has doubled, the average per capita income globally (adjusted for inflation) has tripled. We're not just richer than ever before, we're healthier as well. During the past century, maternal mortality has decreased by 90 percent, child mortality has decreased by 99 percent, while the length of the average human lifespan has more than doubled.

In 2010, when the Finnish multinational sold its billionth handset, it came as no surprise that the sale took place in Nigeria.

Investing in robotics is more than just money for research and development, it is a vehicle to transform American lives and revitalize the American economy. Indeed, we are at a critical juncture where we are seeing robotics transition from the laboratory to generate new businesses, create jobs, and confront the important challenges facing our nation.

Life spans 60 percent longer in 2000 than in 1900.

Now we must keep the competition going, and help push the envelope faster, higher, and cheaper, to build the safe spaceships that will carry all of us to space. To this end, we have partnered with the state of New Mexico to create the X PRIZE Cup, to attract tens of thousands of people each year to New Mexico to see the spaceships of tomorrow take racing to new heights,

Predictions about population and famine were seriously wrong, he says, while epidemics were never as bad as they were supposed to be? Furthermore, I noticed that people who pointed these facts out were heavily criticized but not refuted.?

So while I can't tell you if bringing a child into this world is the morally-responsible to do, I can say that the future, much like the present, is going to be a whole lot better than you think.

The advancement of new, transformational technologies?computational systems, networks and sensors, artificial intelligence, robotics, biotechnology, bioinformatics, 3-D printing, nanotechnology, human-machine interfaces, and biomedical engineering.

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