Entrepreneur and X Prize Foundation creator Peter Diamandis says that popular misconceptions aside, the world has never been in better shape and that it is going to get even better, thanks to an unprecedented wave of technological innovation that...
He emphasized eight areas:
Biotech. 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.
Computational systems. 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.
Networks and sensors. Wireless devices embedded in objects are gathering huge amounts of data that can be modeled by people who are able to “ask the right questions.”
Artificial Intelligence. 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.
Robotics. The robots are coming and they are going to be everywhere, performing all sorts of tasks that people once did. “Jobs are going from China to India to robots,” Mr. Diamandis said.
Digital manufacturing. 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, Mr. Diamandis.
Medical technology. Modern medicine is information technology, according to Mr. Diamandis, who predicted that small mobile devices will allow people to self-diagnose their own health conditions.
Nano technology. Nano technology won’t stop with warmer and lighter pairs of shoes. Mr. Diamandis envisions high strength, light weight fabrics that enable personal air flight.