Peter Diamandis ‘In the next 10 years, we’ll reinvent every industry’

Peter Diamandis, the founder of the X Prize Foundation and Singularity University discusses the potential impact of artificial intelligence on the future of humanity, including the opportunities and challenges it presents.

Key Points:

  • Diamandis emphasizes the importance of collaboration and proactive thinking in order to harness the power of AI for positive change.
  • The interview touches on a range of topics, including the role of government in regulating AI, the future of work, and the potential for AI to drive innovation in various industries.
  • Diamandis is optimistic about the potential of AI to solve some of the world’s most pressing problems, such as climate change and disease.
  • However, he acknowledges the potential risks of AI, such as job displacement and misuse by bad actors.

Personal Insights:

  • Peter is a brilliant, brilliant person – very in tune with what’s coming our way.
  • It’s a great interview – the rate of acceleration is accelerating …

Article Highlights:

  • Peter Diamandis is best known as the founder of the XPrize Foundation, which offers big cash prizes as an incentive for tech solutions to big problems.
  • His new book, The Future Is Faster Than You Think, argues that the already rapid pace of technological innovation is about to get a whole lot quicker.

You say in the next decade we’ll experience more progress than in the past 100 years. Why?
Computation is the foundation. Be it classical or quantum computing, as it becomes faster and cheaper lots of technologies that use it also become more capable. For example, communication networks, sensors, robotics, augmented and virtual reality, blockchain, and AI are all exponentially improving. But they are also being interweaved and converging: for example AI with robotics. And that’s getting even faster because the number of people with access to technology is increasing, so we are able to solve more problems. There’s also more capital available than ever before which means more crazy ideas being funded, which in turn leads to more breakthroughs. And the cost of doing things is also getting cheaper: the number of experiments going on in the “Silicon Valley garage” is exploding.

  • The biggest concern I have is how we humans, and especially governments are going to cope with the speed of change that’s coming. When things are moving too fast we tend to say “slow down” or “Stop!” But there is no switch on the rate of innovation

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Paul Helmick

Paul Helmick

Technology CEO


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Artificial Intelligence (AI) will dramatically transform business and industry.

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