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" "Just three or four decades ago, if you wanted to access a thousand core processors, you'd need to be the chairman of MIT's computer science department or the secretary of the US Defense Department. Today the average chip in your cell phone can perform about a billion calculations per second. Yet today has nothing on tomorrow. "By 2020, a chip with today's processing power will cost about a penny," CUNY theoretical physicist Michio Kaku explained in a recent article for Big Think,23 "which is the cost of scrap paper. . . . Children are going to look back and wonder how we could have possibly lived in such a meager world, much as when we think about how our own parents lacked the luxuries — cell phone, Internet — that we all seem to take for granted."
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.
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It's so hard to catch something that everybody already knows is hot," says Bezos. "Instead, position yourself and wait for the wave to come to you. So then you ask, Position myself where? Position yourself with something that captures your curiosity, something that you're missionary about. I tell people that when we acquire companies, I'm always trying to figure out: Is this person who leads this company a missionary or a mercenary? The missionary is building the product and building the service because they love the customer, because they love the product, because they love the service. The mercenary is building the product or service so that they can flip the company and make money. One of the great paradoxes is that the missionaries end up making more money than the mercenaries anyway. And so pick something that you are passionate about, that's my number one piece of advice.
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