Peter H. Diamandis

Drawing on the success of the XPRIZE series, Peter Diamandis explains how to incentivize breakthroughs in your company and industry. He shares how traditional thinking and risk aversion will cause the demise of companies unable to cope with the coming decades of disruptive innovation. Through concrete examples and lessons, Diamandis addresses two options: Internal (how to create a culture of innovation within your company) and external (how to incentivize the outside world to help you solve your biggest problems). The rapid growth of key technologies are empowering individuals and small companies to do what only governments were able to achieve only a few decades ago. Such technologies will drive a period of significant disruption and/or opportunity depending on the company’s mindset. Diamandis’ ultimate message is that companies cannot remain stagnant. You are either disrupting your own business model or will be disrupted by others.

In Abundance: The Future Is Better Than You Think, Peter Diamandis lays out how we will soon be able to meet and exceed the basic needs of every man, woman and child on the planet. Abundance for all is within our grasp. This bold, contrarian view, backed up by exhaustive research, introduces our near-term future, where exponentially growing technologies and other powerful forces are conspiring to better the lives of billions. 

Peter Diamandis is the co-founder and executive chairman of Singularity University, the leading institution for the study of exponentially growing technologies (including robotics, synthetics, and artificial intelligence). He discusses how breakthroughs in certain areas will transform products, companies, industries and even society over the next 20 years. He provides key insights on how human society has transformed from “Local & Linear” to one that is now “Global & Exponential,” and how this change is accelerating disruptive stress or disruptive opportunity depending on the company’s point of view. Diamandis also discusses the explosion of data that is transforming how companies operate and how to tap into big data with a brand new set of exponential organization tools that allow companies to make major improvements in their R&D strategies.

Competition for many of America’s Fortune 500 companies is no longer coming from China and India. Today it’s coming from two guys in a garage with a startup leveraging exponentially growing technologies. The linear model of development is fading into a past where doubling the number of factories meant twice the output. With size came increased probability of reach, domination and ultimately success. But such growth took time and large capital investments. In this talk, Peter Diamandis explains how exponential growth and exponential organizations are different. Rather than use armies of people or large physical plants, exponential organizations focus on utilizing information technologies, taking that which was once physical in nature and dematerializing it into our lives. An exponential organization is one whose impact (or output) is disproportionally large compared to its number of employees because of its use of networks, automation, and/or its leveraging of the crowd.