We Study Billionaires - The Investor’s Podcast Network TIP272: X-Prize Founder Peter Diamandis & Steven Kotler on the speed of technology (Business Podcast)
Dec 8, 2019
Peter Diamandis, the innovative founder of the XPRIZE Foundation, joins best-selling author Steven Kotler to discuss the upcoming tech boom. They explore how major industries will be disrupted in the next decade and address our evolving abundance mindset. The duo reveals exciting advancements in genetics, predicting cures for most genetic diseases, and shares visions of AI surpassing humans in creative fields. From futuristic glasses replacing smartphones to the transformative potential of augmented reality, this conversation is a captivating peek into the future of technology and society.
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Convergence is Key
- Technological convergence is key, combining multiple technologies creates truly disruptive business models.
- It's no longer enough to specialize in one technology; the future belongs to those who can integrate several.
AI's Importance
- Artificial intelligence (AI) is becoming essential for businesses, similar to the internet.
- Companies not utilizing AI risk bankruptcy in the coming decade due to its transformative impact.
From Scarcity to Abundance
- Technology transforms scarce resources into abundant ones, like photographs or information.
- This shift creates new challenges, like managing abundance instead of scarcity.
