the four billion people occupying the lowest strata of the economic pyramid, the so-called bottom billion, had lately become a viable economic market. - Peter Diamandis

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the four billion people occupying the lowest strata of the economic pyramid, the so-called bottom billion, had lately become a viable economic market.

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About Peter Diamandis

Peter H. Diamandis (born May 20, 1961) is an American engineer, physician, and entrepreneur. He is best known as the founder and chairman of the XPRIZE Foundation, and the cofounder and executive chairman of Singularity University. He is also cofounder and former CEO of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, cofounder of Celularity, founder of Students for the Exploration and Development of Space, and vice chairman and cofounder of Human Longevity, Inc.

Biography information from Wikipedia

Also Known As

Native Name: Peter H. Diamandis
Alternative Names: Dr. Peter Diamandis Dr. Peter H. Diamandis

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Henry Ford agreed: "None of our men are 'experts.' We have most unfortunately found it necessary to get rid of a man as soon as he thinks himself an expert because no one ever considers himself expert if he really knows his job … Thinking always ahead, thinking always of trying to do more, brings a state of mind in which nothing is impossible."

industrialized model of education, with its emphasis on the rote memorization of facts, is no longer necessary. Facts are what Google does best. But creativity, collaboration, critical thinking, and problem solving — that's a different story. These skills have been repeatedly stressed by everyone from corporate executives to education experts as the fundamentals required by today's jobs.

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The Rational Optimist: How Prosperity Evolves, Matt Ridley elaborates: "'If I sew you a hide tunic today, you can sew me one tomorrow' brings limited rewards and diminishing returns. '[But] … I make the clothes, you catch the food' brings increasing returns. Indeed, it has the beautiful property that it does not even need to be fair. For barter to work, two individuals do not need to offer things of equal value. Trade is often unequal but it still benefits both sides.

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