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better responses to the threat of scarcity is not to try to slice our pie thinner — rather it's to figure out how to make more pies. - Peter Diamandis
" "better responses to the threat of scarcity is not to try to slice our pie thinner — rather it's to figure out how to make more pies.
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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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Also Known As
Native Name:
Peter H. Diamandis
Alternative Names:
Dr. Peter Diamandis
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Dr. Peter H. Diamandis
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Additional quotes by Peter Diamandis
How Musk chooses which streams to explore depends on the relationship between those probabilities and the importance of his objective. "Even if the probability for success is fairly low, if the objective is really important, it's still worth doing. Conversely, if the objective is less important, then the probability needs to be much greater. How I decide which projects to take on depends on probability multiplied by the importance of the objective.
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Moreover, we all learn from our mistakes, but until recently, mistakes were too costly for entrepreneurs to make with wanton abandon. This too has changed. Infinite computing demonetizes error-making, thus democratizing experimentation. No longer do we have to immediately dismiss outlandish ideas for the waste of time and resources they invariably incur. Today we can try them all.
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