How Exponential Changes Are Shaping Our Future
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This document discusses how the world is experiencing exponential changes in areas like technology, with cost decreases, size decreases, and performance increases happening at an accelerated pace. It notes that while the future has arrived, it is not evenly distributed. It focuses on exponential changes in fields like education, energy, manufacturing, health care, and financial services. The document ends by quoting Peter Diamandis saying the best way to predict the future is to create it.
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How Exponential Changes Are Shaping Our Future
- 2. 3 Billion New Citizens
- 10. Our blind spot is that we live in a linear world
- 12. With Exponential Changes Cost Decreases Size Decreases Performance Increases Time compresses
- 13. Education Energy Manufacturing Health Care Finance
- 14. Financial Services Future has arrived just not evenly distributed
- 15. Financial Services Future has arrived just not evenly distributed
- 16. Banking for All
- 18. Insurance
- 19. R&D Investments
- 20. Lending
- 22. Bitcoin
- 23. How do I Survive?
- 24. How do We Thrive?
- 25. “The best way to predict the future is to create it” Peter H. Diamandis (Founder of the Xprize)
- 26. Exponential Age @carolrealini “Be bold. Don’t shy away from change, even disruptive change. ” Carol Realini Entrepreneur Country Citizen
Editor's Notes
- From 50K a GB to $10 a GB
- With Exponential Changes Cost Decreases Size Decreases Performance Increases Time compresses With Exponential Changes Cost Decreases Size Decreases Performance Increases Time compresses Few people fail to recognize the incredible progress of technology over the past few decades, in particular computing, but comparatively few reflect on the broader impacts of this trend. Vernon Vinge and Ray Kurzweil have predicted that technological advancement will be happening so fast we will struggle to comprehend it The inventor and futurist Ray Kurzweil has postulated that at some point in the future, a technological 'singularity' will occur,. This is the point at which technological progress, if plotted on a graph, essentially becomes a vertical line. Ray Kurzweil, 'The Singularity is Near' Of course this might never happen, or not for thousands of years. There could be some fundamental problem in mapping the network of neurons into a computer, or there could be some currently unknown, unique element to our brains that cannot be replicated in a machine, or we may simply end up destroying ourselves before computers can become powerful enough (more likely than you think...) But even if it is possible, the estimated time of the technological singularity varies. Ray Kurzweil puts the year as 2045, others put it earlier and some later. Personally, I think Kurzweil has it about right (although I am a little skeptical that the singularity will actually happen). Even if there are major problems in creating the software of the human brain, the hardware should be more than good enough by that time.
- With Exponential Changes Cost Decreases Size Decreases Performance Increases Time compresses With Exponential Changes Cost Decreases Size Decreases Performance Increases Time compresses Few people fail to recognize the incredible progress of technology over the past few decades, in particular computing, but comparatively few reflect on the broader impacts of this trend. Vernon Vinge and Ray Kurzweil have predicted that technological advancement will be happening so fast we will struggle to comprehend it The inventor and futurist Ray Kurzweil has postulated that at some point in the future, a technological 'singularity' will occur,. This is the point at which technological progress, if plotted on a graph, essentially becomes a vertical line. Ray Kurzweil, 'The Singularity is Near' Of course this might never happen, or not for thousands of years. There could be some fundamental problem in mapping the network of neurons into a computer, or there could be some currently unknown, unique element to our brains that cannot be replicated in a machine, or we may simply end up destroying ourselves before computers can become powerful enough (more likely than you think...) But even if it is possible, the estimated time of the technological singularity varies. Ray Kurzweil puts the year as 2045, others put it earlier and some later. Personally, I think Kurzweil has it about right (although I am a little skeptical that the singularity will actually happen). Even if there are major problems in creating the software of the human brain, the hardware should be more than good enough by that time.
- 3 Billion people will be reachable Online commerce will overtake the physical world “Middle-men” will add value or be eliminated Peer-to-Peer for lending, funding, and ? will increase in important Slow to adapt legacy infrastructure will be replaced Virtual Currency will be increasingly important Banking will evolve to be more wholesale and platform. Financial services will be provided by a many types of actors.