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Exponential Thinking (Peter Diamandis) – Exponential Finance 2014

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  • This video covers the "6 D's Exponential Framework" as a technology becomes: digitized > deceptive > disruptive > dematerialized > demonetized > democratized. Due to the disruption caused by exponentially advancing technology, "the average lifespan of a company listed in the S&P 500 has decreased from 67 years in the 1920's to 15 years today." Progress is exponential in networks/sensors, AI, robotics, 3D printing, synthetic biology, materials sciences.

  • Make the change, learn to surf it or become chum in its waters!
    This is it folks. This is the future our children will live in. Are your kids getting the kind of education that will prepare them for a future that no one alive today can imagine? For the future belongs to the productive creatives. 

  • Great introduction Peter! Finance is definitely being disrupted right this very moment with peer to peer finance technology like Bitcoin. More importantly 'Bitcoin 2.0' technologies like BitsharesX probably have greater potential to disrupt.

  • And all of that constrained by materials capabilities, which would present the first hurdle to be overcome.  That I believe is where young minds should put themselves to work.

  • So, his sulotion to our exponential growing world is to tell our company leaders that they have to adapt, without mentioning that we have to think about ways to have a society that does not produce exponential growth, because exponential growth always leads to a katastrophe. I am so frustrated from that ending.

  • Moore's law in practical computational terms has been pretty much dead since. 2009.

    Look at IPC and FLOPS growth of Intel.

    The only thing that has been growing at near-old-exponential growth is parallel computational power. But all tasks do NOT fit such computational archs.

    Further, the power requirements (due to tunnelling, voltage leaks, etc) have gone up almost exponentially.

    So, Moore's law in practise is DEAD (for now) and so we have a current plateau in exponential computer calculation power growth (that is actually practically utilizable).

  • he stresses technology. However, he does periodically say, "any product or service" without tagging the word "technology" to it…

    As his examples of exponential technologies are inspiring, I am interested in hearing, learning from and finding inspiring optimistic 10x/exponential social change agents and thinkers… to hear about their "methods" …

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