Professor Mark J. Perry's Blog for Economics and Finance
Monday, January 23, 2012
Abundance: The Future Is Better Than You Think
In the upcoming book "Abundance: The Future is Better Than You Think" (to be released February 21) space entrepreneur turned innovation pioneer Peter H. Diamandis (featured in the video above) and award-winning science writer Steven Kotler document how progress in artificial intelligence, robotics, infinite computing, ubiquitous broadband networks, digital manufacturing, nanomaterials, synthetic biology, and many other exponentially growing technologies will enable us to make greater gains in the next two decades than we have in the previous two hundred years.
1. A Masai warrior in Africa with a smartphone on Google has access to more information than the President of the United States did just 15 years ago.
2. The number of people living in absolute poverty has fallen since the 1950s has dropped by more than half. At the current rate of decline, it would hit zero around 2035.
3. From the very beginning of time until 2003, humankind created five billion gigabytes of digital information. In 2010, the same amount of information is created every two days; by 2013, every 10 minutes.
4. In 15 years, the average $1000 laptop should be computing at the rate of the human brain.