Artificial intelligence and robots are expected to replace humans in the next 10 years, and the world is no longer changing every 100 years, but rather every year. So predicts Dr
Now even some high school students have displayed an ability to sequence DNA, and life is looking less like a fixed condition, and more like a manufacturing process, and technological advancements are prolonging life expectancy and transforming health care. "Today, 100 [years of age] is the new 60," he says. While challenges are posed by technological advancements to humanity, Dr Diamandis says there is tremendous opportunity that is as yet untapped, such as solar power and water, adding that the world can easily steer into an era of abundance.
Computers that can model almost anything are now cheaply and widely available to more and more people, who can lease them by the minute via cloud-based services. "When the inventor of the digital camera approached
As a result of technology evolving constantly, Diamandis say a study predicts that 40 per cent of the future 500 companies will no longer exist in 10 years.
Networks and sensors
Wireless devices embedded in objects are gathering huge amounts of data that can be modelled by people who are able to "ask the right questions". "Let us look at the Osborne computer, a portable computer mostly used by accountants in 1982," Diamandis said. "Twenty-five years later, in 2007, it was replaced by smartphones. So, in another 25 years, 2032, you can only imagine the change — the internet will be everywhere." Diamandis said computers are currently being built to build other faster computers, adding that what we are seeing now are faster and cheaper computers that are driving a whole array of technologies.
AI is creating a new generation of personal digital assistants that are so smart they can tell people where they need to go next, without even being asked or prompted. Artificial intelligence, similar to iPhone's
The robots are coming and they are going to be everywhere, performing all sorts of tasks that people once did. "Jobs are going from
"Robots will enter every aspect of our daily life and we are not talking about in 45 to 50 years, we are talking about now. They already exist now and they are being used now."
Lego won't be a toy manufacturer. It will be an information company that creates blueprints for toys. Consumers will produce the parts at home using 3D printers that spit out Legos, along with all sorts of other objects. "Imagine if we can print cement, we will be able to build our houses with 3D printers," Diamandis said. "3D printers will also be able to print food and organs. This means we are entering a world where manufacturing will become geography-independent." 3D printers will empower individuals and small company owners, and creativity will sky-rocket because they can create whatever vision they have.
Modern medicine is information technology, according to Diamandis, who predicted that small mobile devices will allow people to self-diagnose their own health condition. Cloud computing abilities will mean that everyone will have the same knowledge available to them as exists now among senior and experienced health-care professionals, with the ability to treat most illnesses at home.
Nanotechnology won't stop with warmer and lighter pairs of shoes. Diamandis envisions high strength, lightweight fabrics that enable personal air flight. engineering at the most basic and smallest level will fundamentally change manufacturing processes and offer a new chapter in quality of life. It will also offer materials that will never wear out as they can be replaced and repaired at the molecular level.
Diamandis is also the co-founder and executive chairman of
Diamandis recently co-authored Abundance - The Future Is Better Than You Think.
Diamandis has founded or co-founded many of the leading entrepreneurial companies in this sector including
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