Lindbergh's flight was so dramatic that it changed how the world thought about flight. He made it popular with consumers and investors. We can draw a… - Peter Diamandis

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Lindbergh's flight was so dramatic that it changed how the world thought about flight. He made it popular with consumers and investors. We can draw a direct connection between his winning of the Orteig Prize and today's three-hundred-billion-dollar aviation industry.

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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 Dr. Peter H. Diamandis
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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.

Prahalad's book The Fortune at the Bottom of the Pyramid. He opened with a strong statement of purpose: "If we stop thinking of the poor as victims or as a burden and start recognizing them as resilient and creative entrepreneurs and value-conscious consumers, a whole new world of opportunity will open up," and an even stronger statement of possibility: "The BoP market potential is huge: 4 to 5 billion underserved people and an economy of more than $13 trillion PPP (purchasing power parity).

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In May of 2019, two teams split the final $10 million purse, Kitkit School from South Korea and Onebillion from Kenya. Both had created software that, in an hour a day, produced an education equivalent to what those children would have received attending a Tanzanian school on a full-time basis. Per the rules of the competition, the software produced by all five finalists, including the two winning teams, has been open-sourced (it's available for free on GitHub).

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