YouSaid · the spoken record

Peter Diamandis

lines on the record: 93
first: 2020-02-21
most recent: 2020-02-21
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Right. I think we'll see a big culling of this, but what we're looking at is a massive transportation revolution with really kind of weird, interesting sociological impacts, three that I think about a lot. If you've got Uber Air, which can do 150 miles in an hour, 750 mile an hour trains. Size of the local dating pool, size of the local school district, right? We were talking before on your kids that are here in DC because they like it. Well, if you can go 750 miles in an hour, this school district got a lot bigger. The downside, we've been talking about downside. So one of the downsides of this that I think about, we talked earlier about megalinkages”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I think it's called a systemic recalibration of the system. It happened with trains and horse and buggies and everything.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“We've been waiting, but flying cars are coming right. Uber wants demonstration programs for Uber Air 2023. Hyperloop, Peter's involved in that, so rapid trains sort of goes from there. The point is, the change is our, you know, first of all, they're bizarre. You were talking about industries impacted with autonomous cars. Peters pointed this out a lot. You know, right now we've got about 100 different car companies. We're looking at probably massive consolidation. When Uber comes to pick you up.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Transportation, we all know autonomous cars are coming, maybe a little slower than we originally expected, but this decade, for sure, right? I mean, Waymo, Google Alphabets, autonomous car division has said they want to be doing a million trips a day for autonomous taxis in 2020. Flying cars, which we have been waiting for forever, direct products.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I think that's true. I think when we look at the future, healthcare and education, we see our two industries and transportation. Okay, so I'll start with transportation and kick it over to Peter to talk about healthcare.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Right, if it's a better trade, I think the trade right now is shitty for consumers. I think they don't get enough. It's worse than that. And there's not enough laws in place to protect them in case it goes wrong. It's like a knife. It's like a knife cuts made. It also kills you.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Iron Man, right. And in this version, I'm going to give my personal AI. Think of a nth generation Alexa or Siri permission to listen to all my conversations, read my emails, look at my blood chemistries, see what I'm eating. And as a trade for that, it's advising me on everything and telling me about your kids' upcoming birthday. It's telling me, you know, don't eat that. It's telling me you need to. And so there's a trade constantly.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“But anyway, the point is that there's going to be a trade. There is going to be a version of Jarvis. Within the next decade. This”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Okay, but they're giving up privacy purposefully because of the benefits it gives, right? To some degree. They are broadcasting everything. Yes, I call them two.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“And I think in China there's no concept of privacy. And I see a lot of young millennials and whatever the newest generation is called. I'm not, what is it called, by the way, you know?”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“More humanistically, but it's a loss of privacy. But the idea of privacy, I would imagine, is a relatively recent invention. I don't think there was a thought of privacy a thousand years ago in small villages.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“And so you're going to be able to start to know anything. You can ask your personal AI how many red cars were coming down the street and actually know that answer. People behave differently when they're being watched. Would you agree with that? So, one of the foundations I support, Lindbergh Foundation flies drones over Elephant and rhinoceros, what do you call them? Herds. And when that is occurring, The poachers stay away. When there is a camera dashboard on a police car, the policeman may behave differently or despot when CNN is there, says, so this level of visibility, this loss of privacy, has the potential to potentially cause us to behave more human.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Well, I mean, the challenge is privacy to a large degree. And there's both good and bad, and it's hard for people to think about the good. But here's the deal. We're heading towards a world where you're soon going to be able to know anything you want any time you want, anywhere you want. We all have the experience of being able to say, hey, what's the GDP of Ghana? And within 30 seconds on Google talking to your phone, you can get that. But I can't ask how many red cars drove down the street right now in the last hour. But the data is there, right? We're heading towards a world of augmented reality forward-looking cameras on your goggles, drones, autonomous cars with cameras and radar and LIDAR, satellites where everything is being imaged all the time”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“In the legal community, there was this big fear. As soon as we legalize any substance, right, we're going to lose a generation. That was a very, very big fear. Now we've done this with marijuana. We haven't lost anybody. But we were, I think we did lose a generation with technology. We were not prepared. We didn't see it coming. We had no idea it was going to be this sticky. And the cost is a generation of people who are, you know, they've got enforced ADD because of the amount of dopamine in their system. So definite downsides. I'm hoping kind of with our growing understanding of neurobiology, psychology, et cetera, et cetera, that we can avoid some of those things going forward and have a kind of a more honest opinion of how sticky some of our technologies can be.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Solutions are. One, I I tend to think about things really basically. I like to. What's human psychology? What's human? How do we work? How does it affect? So, one thing we saw is nobody had any clue how much dopamine. Our devices we're going to produce. And it's a funny thing in flow science, flow is an extremely addictive. It's probably the most addictive state on Earth. You get five of them. Dopamines won five reward chemicals. You get all five in floats, the most addictive state on Earth. And when I train people and we train everybody from kind of the U.S. Navy SEALs all the way through to”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I define technology as the force that takes what used to be scarce and makes it abundant, right? We forget that a child with a cell phone in Botswana or Tanzania, whatever, has millions of dollars of free tech on it. So, yeah, we can say there's lots of problems, but we so romanticize the past and we forget how fucking brutal it was.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“The various technologies, converging technologies, various technologies, all these things. In fact, we added nearly 700 million people of electricity now compared to 10 years ago. All these things are continuing”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“All of these things are not a result of we've gotten intelligent, we have better political systems, they are the impact of technology.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“The third thing, the portable hairdryer was invented. And the fourth thing was the three light traffic light. I scrubbed everything. Those were the innovations of the year 1920. At that level of significance, we have those every microsecond in the year 2020. Sure. So the speed is increasing. The second thing I did was I looked at metrics for abundance over the last decade. The numbers are stellar. They're staggering. Number one, we've reduced childhood mortality rate. We both have kids by 22% over the last decade. We reduced global extreme poverty by half, by 50% between 2010 and 2019. We increased global solar 10x wind power 3x. We increased the global GDP by 22 trillion dollars. We reduced deaths due to famine by tenfold over the last, I think, 30 years.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“And I did two things that I think are relevant to this conversation. One is I look back a hundred years and said, what were the innovations of the year 1920 compared to today? Okay, what were there four innovations? Number one relevant to what we're doing right here. The first commercial radio station came along in Pittsburgh. Big deal. Second thing, the band-aid came out.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“What anxiety does to the brain from innovative creative standpoint is really worth knowing. The more anxious we get, it closes down our ability to find far-flung connections between ideas. You look at sort of anxiety under an ephMRI. It looks a little bit like OCD. It's a tight cluster of neurons. The ideas are sort of spinning in a circle. You can't get those far-flung outside the box connections. In fact, the more anxious we get, the more logical and linear we get. This is just basic kind of biological hardwiring. Yes, we are up against some serious challenges, and obviously every good technology.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I've spent a lot of my life in healthcare. I'm a medical doctor by training, not by practice. I've started four or five companies in the longevity space. I invest heavily through my venture fund in that area. Today, It isn't healthcare, it's sick care, right? It isn't health insurance, it's sick insurance. The system takes care of you after you're sick. You get paid after you're sick. It's not life insurance. It's death insurance. After you die. Imagine flipping all that, right? And you know this, you've written about it.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“One of, again, what drives me, I think what drives us in this book is to create a hopeful, compelling, and abundant vision of the future. If people don't have a hopeful vision of the future, if they're not compelled by what's coming, we end up in a period of fear and scarcity. And it's a very bad place to lead from or to be living from. And the future is one in which we're more empowered than ever before to solve problems. And I think that's a really important vision, that instead of complaining about problems, everyone listening here has the power. And the goal here is to say, listen, stop complaining about problems. Here's the tools you have. Go and solve the problems. Feel empowered by this. And also here's where these industries are going. The winner in all of these at the end of the day are the consumer. What do I mean?”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“We're going to get to that. We are very positive both in our outlook. And we really want to empower people, right? The future's coming. It's incredibly fast for legacy organizations, established businesses. They're going to have a really hard time keeping up. They don't know what's coming. So this book is a guidebook for that.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Six more secondary forces that are driving this forward. And then part two of the book, we look at the 11 biggest industries in the world and where are they going over the next 10 years and what people can expect. And I don't know if this is different than the other books. I think it is. Most of the other books are a little fearful of the future. Our goal is the exact opposite. Our goal, yes, you're”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“In the beginning, we look at break those down. There's also a series of secondary forces sort of being unleashed by these converging exponentials. For example, communications abundance, right? We're moving into an era of ubiquitous networks, 5G, satellite constellations, loon, etc, bringing us to a world of communication abundance. That means 4 billion new mines are about to join the global conversation. Anything that speeds up the rate of innovation, speeds up the rate of technology. So that's 4 billion new mines driving that forward. So there's six more second or...”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, and so they've got an approach that is you could 3D print a rocket in 60 days and then you could say, hey, let's change the design a little bit. And no tooling to change. You just change the design and it's something different is 3D printed. And so that is convergence.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Robotics, 3D printers, material sciences, machine learning, and they're 3D printing rockets. I mean, hundreds of down in Los Angeles.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“You had Elaine and you were fine, and that was good enough. Today it's not good enough. And it's not the technology, it's the business models that are the most exciting part. So what's happening is two, three, four of these technologies are coming together and creating new business models. So YouTube, you know, you know the story intimately when Chad Hurley was creating YouTube, it was the convergence of super cheap memory on the cloud. It was digital cameras. more powerful computers for being able to edit videos. It was the Uber crater mentality, and these things converge to create YouTube as a business model. We can point at convergences that created Airbnb or created Uber. And so that's where the fun is. I'll give you an example that I love. There's a company that my venture fund invested in called Relativity of you heard of it. It's the world's largest 3D printers. Oh, yeah. They're converging.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I want to do this. How do I do this? So bold was our follow up, and bold was much more of a how to. Hey, here's how you build businesses around these technologies. And, you know, we've said for a really long time that if you want to make a billion dollars, help a billion people kind of thing. So bold was the blueprint for that. This new book, what's changed is these formerly independent lines of exponential technologies are now starting to converge and overlap. So AI is bumping into robotics, is bumping into material science is bumping into 3D planning, et cetera. And what you get is a whole is much greater than the summer.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“We call it the exponential mindset trilogy. Abundance was the first book, and abundance looked at individual lines of exponential technology, right? And to listeners who don't know what an exponential technology is, it's any technology that can be programmed in the ones and zeros of computer code and then sort of jumps on the back of Moore's law and starts doubling at a regular rate. And in abundance, we talked about individual lines of exponential technology, artificial intelligence, robotics, vertical farming, take your pick a bunch of different technologies. And our focus was, can we use how individuals and small teams could use these technologies to tackle grand global challenges, energy, poverty, water scarcity, so forth? And the book was compelling to a lot of people, and they read it and they went, oh, this is amazing.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“You have to, different from prizes that are ideas or something you did in the past. This is the first person to pull it off. Build a spaceship, map this amount of the ocean floor in 24 hours, pull water out of the atmosphere, educate kids autonomously at scale. And we're having fun and it's truly impactful.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I am excited for Jean-Luc. My chance of becoming an astronaut were like one in a thousand. I have a better chance of becoming an NBA All-Star than I do an astronaut. 5'5, right? So I said, How am I going to open up space? And I had read that Lindbergh in 1927 crossed the Atlantic to win a $25,000 prize, and that kicked off aviation. That did. I'm going to create a space prize. I called it the X Prize. I didn't know who was going to put up the money, who was going to be the X, Orteg, the Pulitzer, the Nobel. A woman named Anusha Ansari funded it. She had just done a billion dollar-plus exit. She's now the CEO of the XPRIZRIZE Foundation on the executive chairman. And we've launched $200 million of prizes, another $200”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“You think, and so that has been we've done a reset, we're now a profitable organization, and we're growing, and still we're operational in”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I think the only controversy was we did a lot of acquisitions and we grew the The staff size by a factor of two, and we did a reset, and we've recapitalized it. We have an amazing investor chairman, Eric Anderson from West River Group, who's capitalized it. And it's regrowing now in a profitable fashion. One of the challenges we have in a lot of Silicon Valley companies is”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“So it's an idea. It's a shocking idea. The university has nothing to do with the singularity. It's not even really a university. It's a program for executives and graduates. A lot of people sort of are living in a world. They're seeing this extraordinary change. They're hearing about artificial intelligence, robotics, 3D printing, augmented virtuality. And it's like, how is this going to impact me? And there are very few places you can go to really get an overview of that and a deeper understanding. So we built that institution. We run executive programs around the world in Silicon Valley at our campus. And then we run programs for executive teams.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“The singularity is a concept. It's not really a thing. The speed at which technology is changing is accelerating. And we talk about that. We have a Chapter in our book, The Futures of Fast, you think, called Acceleration of the Acceleration. And there is a point in which the rate of change is so fast that you can't predict what's next. Today we have a pretty good, we can predict what's happening over the next 10 years, that horizon, maybe five years, but there's going to be a point where the speed is so fast because of converging technologies that we're blinded by that change. And that is, according to Ray, that's something that we're going to see in the 2040 time horizon.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“But the work that I've done, my passion with space early on, and a lot of that was really compelling from Apollo and Star Trek. And then I became realizing that all of the activities in space are going to be dwarfed by what we're seeing in exponential technologies, computation sensors, networks, AI robotics, 3D printing, AIVR, blockchain, all these things here on Earth are changing the world faster and faster. I had gotten to know Ray Kurzweil, who obviously you know who had written a book called The Singularity is Near And we partnered to create Singularity University in Silicon Valley, which we can talk about later. Same time running.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“Asteroids. Asteroids. They're full of fuels first and foremost, hydrogen and oxygen. And if you can get it outside of the gravity well of Earth We ended up changing the laws here in the US and Europe to allow private ownership of those resources. We were not able to capitalize the company. We sold it.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“My passions grew in space originally. I had started half dozen companies, a university called International Space University, a launch company, a satellite communications company. The X Prize, which you mentioned.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“So I started asking myself the question well, where the heck are we going to get the land we need to preserve biodiversity? It led me to food technologies like cultured beef. Vertical farming, things that liberate farmland, cattle land, and that's where I sort of started with this. Really looking at how technology should really”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I came into a lot of the accelerating technology work trying to really figure out how do we establish mega linkages. This is a complicated idea, but the simple idea is if we want to preserve biodiversity, which is a passion of mine. We need to find ways to kind of link up national parks, large, contiguous wildlands is the secret.”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT
“I was a tech journalist. 30 years covered tech for everybody you could possibly imagine. This is my sixth book on technology. Started a bunch of companies, including my current one, which is the Flow Research Collective, where we use kind of biotechnology, some of the brain computer interface stuff, a lot of the advancements in neuroscience primarily to study human performance”
2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT