The Future Is Faster Than You Think Quotes

“Most [organizations] think the key to growth is developing new technologies and products. But often this is not so. To unlock the next wave of growth, companies must embed these innovations in a disruptive new business model.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Ray Kurzweil did the math and found that we’re going to experience twenty thousand years of technological change over the next one hundred years.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The first real threat it faced, today’s ridesharing model, only showed up in the last decade. But that ridesharing model won’t even get ten years to dominate. Already, it’s on the brink of autonomous car displacement, which is on the brink of flying car disruption, which is on the brink of Hyperloop and rockets-to-anywhere decimation. Plus, avatars. The most important part: All of this change will happen over the next ten years.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“We’re heading toward a future where AI will make the majority of our buying decisions, continually surprising us with products or services we didn’t even know we wanted. Or, if surprise isn’t your thing, just turn that feature off and opt for boring and staid. Either way, it’s a shift that threatens traditional advertisers, while offering considerable benefits to the consumer.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The Law of Accelerating Returns,” Ray Kurzweil did the math and found that we’re going to experience twenty thousand years of technological change over the next one hundred years. Essentially, we’re going from the birth of agriculture to the birth of the internet twice in the next century. This means paradigm-shifting, game-changing, nothing-is-ever-the-same-again breakthroughs—such as affordable aerial ridesharing—will not be an occasional affair. They’ll be happening all the time. It”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Take the New York–based Lemonade, arguably the best funded of today’s crowdsurance startups. Via an app, Lemonade brings together small groups of policyholders who pay premiums into a central “claim pool.” Artificial intelligence does the rest. The entire experience is mobile, simple, and fast. Ninety seconds to get insured, three minutes to get a claim paid, and zero paperwork. Adding more technology to this arrangement, companies like the Swiss firm Etherisc sell “bespoke insurance products” on the Ethereum blockchain. Because smart contracts remove the need for employees, paperwork, and all the rest, all sorts of new insurance products are being created. Etherisc’s first offering is something not covered by traditional insurers: flight delays and cancellations. Individuals sign up via credit card, and if their plane is more than forty-five minutes late, they’re paid instantly, automatically, and without the need for any paperwork.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Vatom-”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The human brain evolved in an environment that was local and linear. Local, meaning most everything that we interacted with was less than a day’s walk away. Linear, meaning the rate of change was exceptionally slow. Your great-great-great-grandfather’s life was roughly the same as his great-great-grandson’s life. But now we live in a world that is global and exponential. Global, meaning if it happens on the other side of the planet, we hear about it seconds later (and our computers hear about it only milliseconds later). Exponential, meanwhile, refers to today’s blitzkrieg speed of development. Forget about the difference between generations, currently mere months can bring a revolution. Yet our brain—which hasn’t really had a hardware update in two hundred thousand years—wasn’t designed for this scale or speed. And if we struggle to track the growth of singular innovations, we’re downright helpless in the face of converging ones. Put it this way, in “The Law of Accelerating Returns,” Ray Kurzweil did the math and found that we’re going to experience twenty thousand years of technological change over the next one hundred years. Essentially, we’re going from the birth of agriculture to the birth of the internet twice in the next century. This means paradigm-shifting, game-changing, nothing-is-ever-the-same-again breakthroughs—such as affordable aerial ridesharing—will not be an occasional affair. They’ll be happening all the time. It means, of course, that flying cars are just the beginning.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Facebook is an addictive technological drug that, like every drug, gives people temporary pleasure and, ultimately, causes people to become psychiatrically ill,” psychiatrist Keith Ablow recently explained in an article for Fox News. “Oculus Rift will make matters worse.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“More and more—as this, and so many of the discoveries discussed in this book illustrate—the once slow and passive process of natural selection is being transformed into one rapid and proactive: evolution by human direction. This means, over the next century, technological acceleration may do more than just disrupt industries and institutions, it may actually disrupt the progress of biologically based intelligence on Earth.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Yet climate migration is a peculiar kind of forced migration, as we ourselves are doing the forcing. The cost in both hard dollars and human suffering is much higher than we should be willing to pay. With a population of 38 million, Tokyo is the largest mega-city on Earth. Consider what it would cost to relocate fifteen Tokyos. Now consider that this is an entirely voluntary expense.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“In America, immigrants are twice as likely to start a new business than natives, and are responsible for 25 percent of all new jobs. Between 2006 and 2012, 33 percent of venture-backed companies that went public had at least one immigrant founder. Among Fortune 500 companies, 40 percent were founded by immigrants or their children. In 2016, half of all unicorns—those rare startups valued at more than $1 billion—were founded by immigrants, and each provided at least 760 new jobs.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“What’s true for migration’s impact on invention is also true for entrepreneurship. While much has been made about immigrants taking work away from citizens, the data shows the opposite. Rather than stealing jobs, they are far more likely to create new ones.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“While Moser’s work confirmed the rumors, and gave us a different way to look at both the power of immigration and this extraordinary period in history, it’s also worth noting what’s not extraordinary—that migration drives innovation.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Even when there’s automation, this doesn’t always create the dire results we expect. Consider automatic teller machines (ATMs). When they were first rolled out in the late 1970s, there were serious concerns about bank teller layoffs. Between 1995 and 2010, the number of ATMs in America went from one hundred thousand to four hundred thousand, but mass teller unemployment wasn’t the result. Because ATMs made it cheaper to operate banks, the number of banks grew by 40 percent. More banks meant more jobs for human bank tellers, which is why bank teller employment actually rose during this period.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The Intergovernmental Panel on Climate Change estimates we have twelve years to halt global warming at 1.5 degrees. Yet we already have the technology required to meet these challenges, and thanks to convergences, it will only continue to improve. Our innovations may have caught up with our problems. Collaboration is the missing piece of the puzzle. If we’re going to make the shift to sustainable at the speed required, then we the people are both the obstacle and the opportunity.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The core of the issue is the same: inefficiency. Today, we must raise an entire cow to produce a single steak. We also need to deal with all the waste and the greenhouse gases that cow produces along the way, and dispose of the animal’s carcass on the back end.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Aging is not just a running down of the system,” explains longevity researcher and director of the National Institutes of Health, Francis Collins. “It is a programmed process. Evolution probably had an investment in having the lifespan of a particular species not go on forever. You’ve got to get the old folks out of the way so the young ones have a chance at the resources.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“If we couple AlphaFold’s progress to Insilico’s GANs and add in the anticipated breakthroughs in quantum computing—another technology being aimed at drug discovery—we’re not far from a world where individually customized medicine will move from science fiction to the standard of care. And don’t blink, because as radical a shift as this may seem, none of it includes the breakthroughs happening in the adjacent field of longevity.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Take Human Longevity Inc. (HLI), one of the companies Peter cofounded. HLI offers a service called “Health Nucleus,” an annual, three-hour health scan consisting of whole genome sequencing, whole body MRI, heart and lung CT, electrocardiogram, echocardiogram, and a slew of clinical blood tests—essentially the most complete picture of health currently available.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Your microbiome looks perfect,” Google tells you. “Also, blood glucose levels are good, vitamin levels fine, but an increased core temperature and IgE levels…” “Google—in plain English?” “You’ve got a virus.” “A what?” “I ran through your last forty-eight hours of meetings. It seems like you picked it up Monday, at Jonah’s birthday party. I’d like to run additional diagnostics, would you mind using the…” Well, take your pick. Alphabet’s healthcare division, called Verily Life Sciences, is developing a full range of internal and external sensors that monitor everything from blood sugar to blood chemistry. And that’s just Alphabet. The list of once multimillion-dollar medical machines now being dematerialized, demonetized, democratized, and delocalized—that is, made into portable and even wearable sensors—could fill a textbook.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Lightwave, another emotional-computing startup, can capture not just the emotional state of an individual, but that of a whole crowd. It’s already been utilized by Cisco to judge a startup pitch competition, helped DJ Paul Oakenfold increase listener engagement at a concert in Singapore, and measured viewer reactions during a pre-screening of The Revenant.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“While critics remain doubtful, the head of the FAA’s drone-integration department recently said that drone deliveries may be “a lot closer than… the skeptics think. [Companies are] getting ready for full-blown operations. We’re processing their applications. I would like to move as quickly as I can.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Of course, in a future where “distributed autonomous organizations (DAOs)” will control fleets of autonomous taxis, there will soon come a point that a DAO’s AI will be talking to Daimler’s Sarah about that financing, leasing, and insuring. It’s an AI-to-AI negotiation, no human required.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“Yet, forget ICOs for a moment. When it comes to the mother lode of deployable capital, the real heavyweight title belongs to sovereign wealth funds (SWFs). These investment behemoths hold an estimated $8.5 trillion in assets. That’s trillion, with a “T.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“In June 2011, at Carnegie Mellon University, the President announced the Materials Genome Initiative, a nationwide effort to use open source methods and artificial intelligence to double the pace of innovation in materials science. Obama felt this acceleration was critical to America’s global competitiveness, and held the key to solving significant challenges in clean energy, national security, and human welfare. And it worked.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“And the number of virtual explorers continues to mount. In 2017, according to an eMarketer study, there were 22 million monthly users, which increased to 35 million by 2018. By the middle twenties, estimates put the VR market around $35 billion or so, and it’ll be hard to find a field not touched.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“In BOLD, we introduced “the Six Ds of Exponentials,” or the growth cycle of exponential technologies: Digitalization, Deception, Disruption, Demonetization, Dematerialization, and Democratization.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“The point is this: Being able to see around the corner of tomorrow and being agile enough to adapt to what’s coming have never been more important. And, in three parts, that’s exactly what this book will do.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

“biggest companies and government agencies were designed in another century, for purposes of safety and stability. Built to last, as the saying goes. They were not built to withstand rapid, radical change. This is why, according to Yale’s Richard Foster, 40 percent of today’s Fortune 500 companies will be gone in ten years, replaced, for the most part, by upstarts we’ve not yet heard of. Institutions are similarly suffering.”
― Peter H. Diamandis, The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives