In recent years, scientists have begun to notice larger patterns in our biases. One of those is often described as our "psychological immune system."… - Peter Diamandis

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In recent years, scientists have begun to notice larger patterns in our biases. One of those is often described as our "psychological immune system." If you believe your own life hopeless, then what's the point of pushing on? To guard against this, we've developed a psychological immune system: a set of biases that keep us ridiculously cocksure. In hundreds of studies, researchers have consistently found that we overestimate our own attractiveness, intelligence, work ethic, chances for success (be it winning the lottery or getting a promotion), chances of avoiding a negative outcome (bankruptcy, getting cancer), impact on external events, impact on other people, and even the superiority of our own peer group (known as the Lake Wobegon Effect after author Garrison Keillor's fictional happyland "where all the children are above average"). But there's a flip side: while we seriously overestimate ourselves, we significantly underestimate the world at large. Human beings are designed to be local optimists and global pessimists and this is an even bigger problem for abundance.

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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.

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Native Name: Peter H. Diamandis
Alternative Names: Dr. Peter Diamandis Dr. Peter H. Diamandis
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Additional quotes by Peter Diamandis

Thousands of years ago, it was only kings, pharaohs, and emperors who had the ability to solve large-scale problems. Hundreds of years ago, this power expanded to the industrialists who built our transportation systems and financial institutions. But today, the ability to solve such problems has been thoroughly democratized. Right now, and for the first time ever, a passionate and committed individual has access to the technology, minds, and capital required to take on any challenge. Even better, that individual has good reason to take on such challenges. As we will soon see, the world’s biggest problems are now the world’s biggest business opportunities. This means, for exponential entrepreneurs, finding a significant challenge is a meaningful road to wealth. Ultimately, as I teach at Singularity University (much more on this later), the best way to become a billionaire is to solve a billion-person problem.

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