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By mid-2019, over $1 billion had been invested in at least twenty-five different flying car companies.
CEO of Alphabet, Google’s
Zee Aero, Opener and Kitty Hawk.
Established players like Boeing, Airbus, Embraer, and Bell Helicopter
“Uber’s goal,” explained Holden from the stage, “is to demonstrate flying car capability in 2020 and have aerial ridesharing fully operational in Dallas and LA by 2023.” But then Holden went even further: “Ultimately, we want to make it economically irrational to own and use a car.”
Put all this together, and by 2027 or so, you’ll be able to order up an aerial rideshare as easily as you do an Uber today. And by 2030, urban aviation could be a major mode of getting from A to B.
we introduced the notion of exponentially accelerating technology; that is, any technology that doubles in power while dropping in price on
Autonomous Cars
Hyperloop
The Boring Company
Rockets: LA to Sydney in Thirty Minutes
Seeing into the Future
Avatars
The Jump to Lightspeed:
Exponential Technologies Part I
Quantum Computing
IBM’s Deep Blue computer that beat Gary Kasparov at chess examined 200 million moves a second. A quantum machine can bump that up to a trillion or more—and that’s the kind of power hidden inside that large white pipe.
Google, IBM, and Microsoft,
Rose’s Law. The
“Moore’s Law on steroids,”
discovery in new materials, new chemicals, and new drugs.” It will also amplify artificial intelligence, remake cybersecurity, and allow us to simulate incredibly complex systems.
Computing (www.rigetti.com), you can download Forest, their quantum developer’s kit.
Rigetti’s thirty-two-qubit computer.
“the Six Ds of Exponentials,” or the growth cycle of exponential technologies: Digitalization, Deception, Disruption, Demonetization, Dematerialization, and Democratization.
Digitalization: Once a technology becomes digital, meaning once you can translate it into the 1s and 0s of binary code, it jumps on the back of Moore’s Law and begins accelerating exponentially. Soon, with quantum, this will be on the back of Rose’s Law and an even wilder ride. Deception: Exponentials typically generate a lot of hype when first introduced. Because early progress is slow (when plotted on a curve, the first few doublings are all below 1.0), these technologies spend a long time failing to live up to the hype. Think about the initial days of Bitcoin. Back then, most people thought
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services, markets, and industries. An example is 3-D printing, a single exponential technology that threatens the entire $10 trillion manufacturing sector. Demonetization: Where a product or service once had a cost, now money vanishes from the equation. Photographs were once expensive. You took limited numbers of pictures because film and developing that film cost a lot of money. But once photos became digital, those costs vanished. Now you take photos without thinking of them, and the difficulty comes in sorting through too many options. Dematerialization: Now you see it, now you don’t. This
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30 billion conversations
100 million humans.
You no longer need to feed AI information one piece at a time. With neural nets, simply unleash them on the internet and the system will do the rest.
The Turbo-Boost:
Exponential Technologies Part II
The Acceleration of Acceleration
Force #1: Saved Time
Consider that soon, when you run out of coffee, your refrigerator will notice and order more. A blockchain smart contract will place that order and an Amazon drone will bring it to your house.
butler-bot will do the coffee moving for you.
from product fabrication, building construction…
It’s an accelerating feedback loop of acceleration—but
Force #2: Availability of Capital
Kickstarter,
as a loan (technically peer-to-peer lending), as an equity investment, in exchange for a reward (e.g., a T-shirt), or as an advanced purchase of the proposed product or service.
six hundred different crowdfunding platforms available in North America alone.
$4.4 billion pledged to the site.
$300 billion.
“potentially the most disruptive of all the new models of finance.”
8.1 billion
1995
61.4 billion ...
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99.5 b...
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Asia, a relatively new player, peaked at $81 billion, while European VCs set an all-time high: $21 billion.
(like Alexa).