Sunday, August 28, 2016

Technology is the force that turns scarcity into Abundance

http://ift.tt/2aB80ot
Keynote speech by Peter Diamandis.

The news only focuses on the negative.

Technology is the force that turns scarcity into Abundance

Peter is advising a company called the Diamond Foundry which takes water and carbon feedstock into diamond.

He notes that we are on track to eliminating extreme poverty in the nearterm. (Economist and many others)

Population growth goes down with increased education and improved healthcare.

Global terrorism overall is down by a factor of three.

Shows charts of worldwide life expectancy.

1820   26 years
1900 31 years
1950 49 years
2010 67 years

Annual hours worked per person are down,

Automobile and airlines fatality rates are down based on deaths per 100 million person miles traveled.

Age adjusted maternal mortality rates.

Impact of exponential technologies

Cost to launch an internet tech startup

2000  $5 million
2005 $500K
2009 %50k
2011 $5K

Read more »

Reposted via Next Big Future

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