The first phone call across the Atlantic, in 1927, cost about seventy five dollars for three minutes, more than a thousand in today's money. Right no… - Peter Diamandis
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The first phone call across the Atlantic, in 1927, cost about seventy five dollars for three minutes, more than a thousand in today's money. Right now you can see a face on the other side of the planet, in real time, for free.
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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.
Nothing accelerates technological development like money. More bucks, more Buck Rogers. More cash means more people experimenting, failing, and, eventually, driving breakthroughs. And this brings us to our next force: an unprecedented rise in the availability of capital.
Demonstrating great ideas involves a considerable amount of risk. There will always be naysayers. People will resist breakthrough ideas until the moment they’re accepted as the new norm. Since the road to abundance requires significant innovation, it also requires significant tolerance for risk, for failure, and for ideas that strike most as absolute nonsense. As Burt Rutan puts it, “Revolutionary ideas come from nonsense. If an idea is truly a breakthrough, then the day before it was discovered, it must have been considered crazy or nonsense or both — otherwise it wouldn’t be a breakthrough.
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College students: your generation does not need permission to change the world. All you need is curiosity, grit and the willingness to run experiments.