All posts by Peter Diamandis

Dr.Peter H. Diamandis is a Greek American engineer, physician, and entrepreneur best known for being the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller Abundance: The Future Is Better Than You Think.

Dissolving National Borders?

Peter DiamandisDr.Peter H. Diamandis is a Greek-American engineer, physician, and entrepreneur well known as the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller “Abundance: The Future Is Better Than You Think“.

Besides your passport, what really defines your nationality these days?

Is it where you were live? Where you work? The language you speak? The currency you use?

If it is, then we may see the idea of “nationality” quickly dissolve in the decades ahead.

Language, currency and residency are rapidly being disrupted and dematerialized by technology.

Here’s how.

Continue reading Dissolving National Borders?

Mobile is Eating the World?

Peter Diamandis

Dr.Peter H. Diamandis is a Greek-American engineer, physician, and entrepreneur well known as the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller “Abundance: The Future Is Better Than You Think“.

In Abundance, I wrote that 3 Billion new minds are “coming on-line” in the next six years.

We’re going from 1.8 Billion (in 2010) to at least 5 Billion on-line by 2020.

If my friends at Google and Facebook fulfill their vision, as many as seven billion people on Earth will have 1 Mb/sec connections by 2020.

Smartphones are democratizing access to the Internet.

And the implications of this are staggering.

Mobile is eating the world

A few months ago, Benedict Evans of Andreesen-Horowitz released an excellent presentation called “Mobile is eating the world.”

I’ve taken the liberty to reproduce a few of his charts (below) to discuss what they mean.

These days, as Evans says, “Everyone gets a pocket super computer”.

There are two important things about this statement…

First, today’s smartphones truly are “super computers.”

During the iPhone-6 launch weekend, Apple sold 25-times more CPU transistors (in one weekend) than were in all the PCs on Earth in 1995.

As I wrote in Abundance, the smartphone you have in your hand or in your pocket gives you access to more information than President Clinton had access to while he was in office.

In 1992, you could expect to pay $222 for a computer with 1 million transistors. Today, 1 million transistors cost a measly 6 cents.

Computing Cost

Figure Above Shows Computing Cost-Performance (1992 – 2012)

Continue reading Mobile is Eating the World?

Global Education?

Peter DiamandisDr.Peter H. Diamandis is a Greek-American engineer, physician, and entrepreneur well known as the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller “Abundance: The Future Is Better Than You Think“.

In the 1820’s, the U.S., Japan, and the U.K. were some of the only countries where the average population received at least 2 years of formal schooling.

Global Education

Figure Above: Shows years of education vs. time for regions of the world

Today, more countries are on the map, and the average length of study has skyrocketed. In most developed countries, the average person receives about 16 years of education. Even in developing countries, the population gets 5 to 8 years of education.

Continue reading Global Education?

The Robot Revolution

Peter DiamandisDr.Peter H. Diamandis is a Greek-American engineer, physician, and entrepreneur well known as the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller “Abundance: The Future Is Better Than You Think“.

Finally, the robot revolution is arriving.

There’s a Cambrian explosion in robotics, with species of all sizes, shapes and modes of mobility crawling out of the muck of the lab and onto the terra firma of the marketplace, about to enter your home and your shopping experience.

Here’s why…

4 Converging (Enabling) Technologies

Four converging tech areas enable the revolution. I write about this in detail (both the technologies and business opportunities) in my next book BOLD (coming out February 2015). See if this makes sense…

  1. Sensors: The sensors that cost you $10 today would have been military secrets costing you tens of thousands of dollars 20 years ago. Sensors that listen, look, feel and navigate are plummeting in cost, size, weight and power consumption, thanks to the smartphone revolution.
  2. Infinite Computing: Your mobile phone processor is a supercomputer from 20 years ago. Better yet, it’s connected to the cloud and enables near-infinite computing. Combined with sensors, this allows robots to have situational awareness and “comprehend” contextual information in real time.
  3. 3D Printed Parts: Smart design software and 3D printing technologies are allowing entrepreneurs to rapidly design, prototype and build novel robots and test them in the market before committing to production.
  4. Open-Source Movement: There is a massive online open-source movement sharing designs, posting software updates, answering questions and more. Whatever expertise you need you can find online, 24×7, for free. Post a question, get it answered.

Continue reading The Robot Revolution

Have you heard of graphene?

Peter Diamandis

Dr.Peter H. Diamandis is a Greek-American engineer, physician, and entrepreneur well known as the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller “Abundance: The Future Is Better Than You Think“.

Editor’s note: We receive e-mails from Dr. Diamandis on his activities, ideas, and information on various topics. For informational purposes we post certain of his e-mails.

Graphene may be the next multibillion-dollar material, holding the key to computing, healthcare and energy storage.

What is graphene?

Graphene is a pure form of carbon that is very thin, very strong and very expensive.

When I say thin, I mean VERY thin – graphene is one atom thick (almost transparent).

And when I say strong, I mean VERY strong. For its very low weight, it is 100 times stronger than steel, as stiff as a diamond, and yet also flexible and even stretchable.

Continue reading Have you heard of graphene?

Evidence of Abundance #13: Inexpensive Technology?

Peter Diamandis

Dr.Peter H. Diamandis  is a Greek-American engineer, physician, and entrepreneur best known for being the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller Abundance: The Future Is Better Than You Think.

Today’s evidence of abundance centers on the growing affordability of technology.

It used to be that the only ones with access to cutting-edge technology were top government labs, big companies and the ultra-rich. It was simply too expensive for the rest of us to afford.

But as you’ll see in the next few graphs, things have changed significantly since then.

Let’s start with computing power.

As I wrote in Abundance, the smartphone you have in your hand or in your pocket gives you more computing power than President Clinton had access to while he was in office.

In 1992, you could expect to pay $222 for a computer with 1 million transistors. Today, 1 million transistors cost a measly 6 cents.

Continue reading Evidence of Abundance #13: Inexpensive Technology?

It’s not Healthcare. It’s Sick Care.

Peter DiamandisDr.Peter H. Diamandis  is a Greek-American engineer, physician, and entrepreneur best known for being the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller Abundance: The Future Is Better Than You Think.

It’s not healthcare. It’s sick care.

It’s reactive, retrospective, bureaucratic and expensive.

First the bad news:

Doctors spend $210 billion per year on procedures that aren’t based on patient need, but fear of liability.

Americans spend, on average, $7,290 per person on healthcare — more than any other country on the planet.

Prescription drugs cost around 50% more in the U.S. than in other industrialized countries.

At current rates, by 2025, nearly 1/4 of the US GDP will be spent on healthcare.

It takes on average 12 years and $359 million to take a new drug from the lab to a patient.

Only 5 in 5,000 of these new drugs make it to human testing. From there, only 1 of those 5 is actually approved for human use.

And Now, the Good News:

We are in the midst of a (medical) revolution driven by exponential technology: artificial intelligence, sensors, robotics, 3D printing, big data, genomics and stem cells.

Continue reading It’s not Healthcare. It’s Sick Care.