Peter Diamandis On The Eight Technologies That Are Making The World Better

Tuesday, January 29, 2013

Peter Diamandis

X Prize founder and Abundance author Peter Diamandis was recently interviewed on stage by Wall Street Journal Senior Contributing Editor Alan Murray at the Wall Street Journal's CIO Journal Conference. At the event Diamandis spoke of the exciting prospects for new technology and innovation, and he named eight key development areas to watch in the next few years.
For entrepreneur and X Prize Foundation creator Peter Diamandis, the world has never been in better shape and that it is going to get even better, thanks to an unprecedented wave of technological innovation that will sweep the globe over the next 20 or 30 years.

He is “pissed” that people don’t get that, he said Monday night during the opening session of the first annual CIO Journal Conference.

“My message is that the world is getting better than you think…By almost every measure, it is getting better,” said Diamandis. In recent generations, life expectancy has doubled and personal income has tripled, he said.

Diamandis was interviewed on stage by Wall Street Journal Senior Contributing Editor Alan Murray at the event.  Diamandis  founded the X Prize Foundation and Singularity University to create an incentive for people to develop beneficial technologies.  Last year, he also published the book Abundance : The Future Is Better Than You Think.

At the conference, Diamandis told an audience of about 60 global CIOs that “we’re literally at the knee-curve of a massive explosion of innovation.”

Diamandis emphasized eight areas to watch:
  1. Biotech. Now, even some high school students have displayed an ability to sequence DNA, and life is looking less like a fixed condition, and more like a manufacturing process.
  2. Computational systems. Computers that can model almost anything are now cheaply and widely available to more and more people, who can lease them by the minute via cloud-based services.
  3. Networks and sensors. Wireless devices embedded in objects are gathering huge amounts of data that can be modeled by people who are able to “ask the right questions.”
  4. Artificial Intelligence. AI is creating a new generation of personal digital assistants that are so smart they can tell people where they need to go next, without even being asked or prompted.
  5. Robotics. The robots are coming and they are going to be everywhere, performing all sorts of tasks that people once did. “Jobs are going from China to India to robots,”  Diamandis said.
  6. Digital manufacturing. Lego won’t be a toy manufacturer. It will be an information company that creates blueprints for toys. Consumers will produce the parts at home using 3D printers that spit out Legos—along with all sorts of other objects.
  7. Medical technology. Modern medicine is information technology, according to Diamandis, who predicted that small mobile devices will allow people to self-diagnose their own health conditions.
  8. Nanotechnology. Nanotechnology won’t stop with warmer and lighter pairs of shoes. Diamandis envisions high strength, light weight fabrics that enable personal air flight.

SOURCE  Wall Street Journal

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