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In 1950 the global world product was roughly four trillion dollars,” he says. “In 2008, fifty-eight years later, it was sixty-one trillion dollars. W… - Peter Diamandis
" "In 1950 the global world product was roughly four trillion dollars,” he says. “In 2008, fifty-eight years later, it was sixty-one trillion dollars. Where did this fifteenfold increase come from? It came from increased productivity in our factories equipped with automation.
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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
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."
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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