About ten years ago, while visiting Japan, I toured a Toyota car manufacturing plant that was able to produce five hundred cars per day with only fou… - Peter Diamandis
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About ten years ago, while visiting Japan, I toured a Toyota car manufacturing plant that was able to produce five hundred cars per day with only four hundred employees because of automation. I thought to myself, ‘Imagine if you could take this automation and productivity out of the factory and put it into our everyday lives?’ I believe this will increase our global economy by orders of magnitude in the decades ahead.
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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.
According to Travis Bradford, chief operating officer of the Carbon War Room and president of the Prometheus Institute for Sustainable Development, solar prices are falling 5 percent to 6 percent annually, and capacity is growing at a rate of 30 percent per year. So when critics point out that solar currently accounts for 1 percent of our energy, that’s linear thinking in an exponential world. Expanding today’s 1 percent penetration at an annual growth of 30 percent puts us eighteen years away from meeting 100 percent of our energy needs with solar.
A 2013 report from the Oxford Martin School concludes that 45 percent of American jobs are at high risk of being taken by computers (AI and robots) within the next two decades.
The human brain evolved in an environment that was local and linear. Local, meaning most everything that we interacted with was less than a day's walk away. Linear, meaning the rate of change was exceptionally slow. Your great-great-great-grandfather's life was roughly the same as his great-great-grandson's life. But now we live in a world that is global and exponential. Global, meaning if it happens on the other side of the planet, we hear about it seconds later (and our computers hear about it only milliseconds later). Exponential, meanwhile, refers to today's blitzkrieg speed of development. Forget about the difference between generations, currently mere months can bring a revolution. Yet our brain — which hasn't really had a hardware update in two hundred thousand years — wasn't designed for this scale or speed. And if we struggle to track the growth of singular innovations, we're downright helpless in the face of converging ones. Put it this way, in
