Exponential Technologies | Peter H. Diamandis
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http://www.weforum.org/ Beware the Kodak moment, warns Peter H. Diamandis in this exclusive video for the World Economic Forum. Entrepreneur Diamandis - co-founder and chairman of Singularity University (SU) - says we all need to wake up to the potential threats and opportunities of disruptive technologies. Watch the full video above or read selected quotes below On the pace of change “My goal is to give you a sense of the pace of change. We haven't seen one percent of the rate of change that we going to see within the next ten years. It used to be that a thousand years ago, the only people who could change a nation or a region of the world were the Kings and Queens. One hundred years ago it was the industrialists, the robber barons, that could make the change.Today it’s anyone…” “Anyone passionate enough is given access to these accelerating exponential technologies, and can take on the world’s grand challenges and, I believe, solve them. These technologies are the levers to impact one billion people. We cultivate at least 15 startups a year out of SU. An entrepreneur can actually start a company that impacts one billion people in a decade. At Singularity University, we teach: “If you want to become a billionaire, help a billion people. The world’s biggest problems, are the world’s biggest business opportunities.” On the Kodak Moment “We grew up with Kodak being one of the mainstay brands of the world. In 1996 Kodak was at the top of their game. It was a 28 billion dollar company with 140,000 employees that 20 years earlier had invented the digital camera, but failed to see the potential of it. In 2012 Kodak declares bankruptcy, effectively disrupted by the very technology that they had invented. They didn't understand what exponential growth would look like.” “What’s interesting is that in 2012 Instagram gets acquired by Facebook. They’re also in the digital image business, but they've got 13 employees with a one billion dollar valuation. The difference between what is an exponential company and the linear one is this kind of disruption. I call it the new Kodak moment.” On Democratising Knowledge In 2010 the average computer was calculating at 100 billion calculations per second, which is more computational power than we had in the entire US Space programme in the 60’s and 70’s. In 2023, eight years from now, the average thousand dollar computer that you will go down to the store and purchase is calculating at 10 to the 16 cycles per second. That's just a number unless you speak to a neurophysiologist who tells you it's the rate at which your visual and auditory cortex does pattern recognition. So what happens when a thousand bucks buys you the computational power of the human brain? 25 years later a thousand dollar computer will buy you the computational power of the whole human race.” “We’re heading towards a trillion sensor economy where effectively you’re going to be able to know anything you want, anytime you want, anywhere you want. These technologies are democratised technologies - they’re accessible to almost everybody. So a kid in Mumbai on a smartphone, has access to more cloud computing power than the chairman of MIT had twenty years ago. And more access to knowledge and information than President Clinton had twenty years ago. It’s an extraordinary democratisation that’s going on.”
Comments
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The world will never be the same again when technological singularity comes. Ideologies, religions, ownership, money, human exploitation, hunger, needs, isolation, social warriors, accumulation of wealth, wars, crime, unhappiness, illiteracy, depression, they all are going up in flames eventually and succumb to science, research, technology, human immortality, abundance, free energy, ultra fast internet of things and enormous human communication capabilities. The new and only Gods will be men themselves, in fact they have always been the only Gods on earth but in the future they will come to realize it deep inside their minds. It is just a matter of time, until the point where exponential technologies fundamentally transform our lives, our future and the very nature of our brains.
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This man is a sick and evil Capitalist pig! Bernie Sanders would make quick work of him and his crazy future ideas
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We need to work towards merging our minds with our computer technology as quickly as we can, so that our minds will be able to keep up and be equal to the A.I. we create.
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Best talk ever!
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If you guys like discussing the future and where we're heading you should check out a group on Facebook called " think2030 "
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You know, it's a weird thing to go most of your life having given up on the idea of fitting in anywhere. Listening to these people and their ideas, it's like a homecoming of the mind.
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Sounds like we're living in a world where one day we'll figure out a way of light speed travel... Then the next year we'll figure out warp speed and everyone will be like, "Hello? Light speed was so one year ago."
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How to have an abundant Earth together with an abundant human society? This needs some major changes in our economic thinking. We can't reach space when everything else around us falls apart!
Right now we are almost NOT dealing with mass extinction, deforestation, soil depletion and desertification by agriculture.
Possible ways out: Additional currencies with demurrage instead of interest to reverse exploitation, polyculture and agroforestry instead of monoculture crops, ecosystemic instead of linear thinking!
There are huge possibilities here: Most of the Earths deserts were created by humans in the last 10000 years. Imagine that reversed! -
Peter H. Diamindis always inspires
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I admire Peter's work and vision but he has a tendency for reduction when he is trying to explain ideas to "laymen" and I find it not only in bad taste but actually dangerous.
I mean when we fail to reach "strong AI" by 2023 ( and we will as counting calculations is a very bad measure of the human brain power) - the singularity nay-sayers will have a field day on the expanse of it's prophet.
thing is Peter probably knows it by still chooses this rhetoric to capture the imagination rather then telling the whole story even if its a bit (just abit) less amazing -
Internet for everybody, not a bad idea ;)
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Asteroid mining, infinite economic growth, billions of new customers, pure materialism and reductionism ... the dysfunctionality of our time in one video ...
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....."25 years later a thousand dollar computer will buy you the computational power of the whole human race.”....I am trying to figure out how all this is going to change humans' basic (natural) instincts. May be that the human race is heading for a distinct and real split or, perhaps, total extinction. A kind of "reset of humanity." Next (Re)evolution of humans!
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This guy just reminds me of the Illusive man. so creepy
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Bullshit marketing. Skips over all kinds of practical realities while dropping names and mentioning insufficiently-considered concepts as if they were established realities. Some valid stuff like raisins in a big bowl of bullshit oatmeal.
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This is surely one of the more fascinating theoretical impositions that I've seen in a while.... Not only is this reigniting the mantra of: "The future is something we should look forward to", but it truly encapsulates the broad horizons that we're facing in the upcoming generations of newly-implemented tech that will indefinitely change the human race forever. Unlike any other way that we've ever witnessed before.
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i hope he's rite!! would be epic!
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Brilliant.
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