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" "three of these forces — the coming of age of the DIY innovator; a new breed of technophilanthropist; the expanding creative/market power of the rising billion — are augmented by exponential technology.
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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In June 2011, at Carnegie Mellon University, the President announced the Materials Genome Initiative, a nationwide effort to use open source methods and artificial intelligence to double the pace of innovation in materials science. Obama felt this acceleration was critical to America's global competitiveness, and held the key to solving significant challenges in clean energy, national security, and human welfare. And it worked.
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less than five years after Burt Rutan spent $26 million beating the aerospace giants at their own game, DIY Drones took them down with volunteer labor, a few toys, and a couple hundred dollars’ worth of spare parts. “It’s radical demonetization,” says Anderson, “a true DIY story about using open-source design to reduce costs a hundredfold while keeping ninety percent functionality.