Peter Diamandis | The Future Is Faster Than You Think | Global Summit 2018 | Singularity University

Singularity University・2 minutes read

The speaker discusses the rapid pace of change in the world, emphasizing the need for agility and the convergence of various technologies transforming business models. They highlight the exponential growth in computational power, the abundance of time, capital, communication, and genius, envisioning a future of extended human life and urging individuals to leverage resources to solve global challenges and create abundance for all.

Insights

  • The rapid pace of change in the world necessitates agility to navigate effectively, with the convergence of technologies transforming business models quickly.
  • Moore's Law exemplifies the exponential growth in computational power over the last 50 years, while advancements in innovation stem from the exchange of ideas among individuals, leading to significant progress beyond just algorithmic improvements.

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Recent questions

  • What is Moore's Law?

    Moore's Law states that computational power doubles every two years.

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Summary

00:00

"Accelerating Change: Agility in a Tech-Driven World"

  • The speaker aims to convey the rapid pace of change in the world, emphasizing its acceleration and the need for agility to navigate it effectively.
  • The concept of acceleration is likened to physics' "jerk," highlighting the convergence of various technologies transforming business models in a decade.
  • Moore's Law, established by Gordon Moore in 1965, illustrates the exponential growth in computational power over the last 50 years.
  • The acceleration of innovation is not just about better algorithms but also the exchange of ideas between individuals, leading to significant advancements.
  • Time abundance is discussed, showcasing how technology liberates individuals from basic tasks, allowing more time for innovation and problem-solving.
  • Capital abundance is highlighted, with record levels of capital available for crowdfunding, venture investing, and initial coin offerings, revolutionizing startup funding.
  • D monetization is emphasized, showing how costs for bandwidth, computing performance, and storage have significantly decreased, enabling more startups and experimentation.
  • Communication abundance is discussed, with the decreasing costs of communication enabling global connectivity and access to vast amounts of information and technology.
  • Increased genius is noted, with connectivity allowing unknown geniuses to share their ideas globally, while investments in brain-computer interfaces are set to enhance human intelligence significantly.
  • The speaker envisions a future where humans live longer, intersecting biological and technological advancements to extend life further, aiming for longevity escape velocity in the next 12 years.

18:05

Empowering individuals to solve global challenges

  • Singularity University aims to be a lifelong resource for individuals, encouraging them to tap into their extraordinary power to solve any problem by leveraging the vast computational power and resources available today, emphasizing the importance of personal conviction and a massively transformative purpose.
  • The institution urges individuals, including billionaires, to focus on identifying and addressing the world's biggest problems, using their networks, wealth, and technology access to create abundance for all through solving inspiring challenges, ultimately working towards a world where everyone has access to top education, healthcare, and knowledge.
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