Exponential Roadmaps
Peter H. Diamandis
Data-driven optimist inspiring entrepreneurs through research, investment & community to create an abundant future for humanity | M.D. | Futurist | Speaker | Podcast Host | 4x NY Times Best-Selling Author
The 6 D’s are a chain reaction of technological progression, a road map of rapid development that always leads to enormous upheaval and opportunity.
The key to becoming an exponential entrepreneur is to understand and harness the 6 D's of exponential technology and use them to your advantage.
Check out this video from my Abundance 360 Digital program (Module #3)
Overview of the 6 D’s:
- Digitalization: Once you digitize a product or service (photography, finance, manufacturing, biology, etc...) into ones and zeros, that product or service becomes an information-based technology and it hops on an exponential growth curve. Something digitized can be replicated and transmitted for a near-zero marginal cost.
- Deceptive Growth: During the early days of exponential growth, the doubling of small numbers seem deceptively flat. Take for example the first Kodak Digital Camera that produced 0.01 Megapixel images. As it grew from 0.01, to 0.02, 0.04, 0.08... they all seem like zero.
- Disruptive Growth: What follows early deceptive growth is disruption. 30 doublings later something has grown 1 billion-fold. That first 0.01 megapixel Kodak camera is now generating a 10 megapixel image. The result of which is the complete dematerialization and demonetization of film photography.
- Dematerialization: Products and services are becoming bits. I no longer have a clunky GPS on the dashboard of my car, today its an APP on my phone. Think about all the 1980s or '90s technology that now comes free on your cellphone: GPS, two-way video conferencing, HD video, HD photography, radio, books, records, maps, weather and much more. In Abundance I did a quick calculation to show that today’s smart phone comes with over a million dollars’ worth of technologies from the 1980s.
- Demonetization: Once a product/service has become dematerialized into bits, its cost of replication and transmission is near zero and ultimately leads to their eventual demonetization. As an example, digital photography has totally demonetized the field.
- Democratization: As products and services dematerialize and demonetize they become available to billions of users across the planet. Today there are 3 billion people connected on planet Earth. By 2025 that will increase to 8 billion connected individuals. Create a digital banking or insurance product and you have the opportunity to market it across the globe.
We live in incredible times.
We are alive during an incredible time where exponential technologies are demonetizing and democratizing the products and services which can uplift humanity.
Energy, Transportation, Banking, Insurance, Education, Health Care, Communication, Entertainment, and Knowledge are being demonetized and available to billions on Earth.
We will soon have the potential to meet the basic needs of ever man, women and child on this planet.
Interested in Joining Me? (New Course Available!)
1. A360 Executive Mastermind: This is the sort of conversation I explore at my Executive Mastermind group called Abundance 360. The program is highly selective, for 360 abundance and exponentially minded CEOs (running $10M to $10B companies).
If you’d like to be considered, apply here.
Share this with your friends, especially if they are interested in any of the areas outlined above.
2. Exponential Roadmaps (New Course!): Discover how key converging technologies like AI, Sensors, Networks, Robotics, 3D Printing, Synthetic Biology and AR/VR will shape our future with me as your guide.
Exponential technologies are humanity’s most powerful tools for creating new opportunities and solving the significant challenges that we face. Click Here to Learn More.
Subscribe to my latest Tech Insights
Scientist, Systems and Software Developer, Inventor
7 年The key to making this all possible is Cybersecurity. Without effective security this will all turn into a nightmare as devices are turned to malicious use. See cognoscentisystems.com to see how we're bringing the highest level of cybersecurity to controls.
Digital transformation of the process automation industry is currently in the deceptively flat part of the growth curve but it is expected to accelerate thanks to Industrial IoT. All the hooks enabling dematerialization is in place with “fieldbus”. What used to be hardware is now “function blocks” (apps) inside the sensors: https://www.dhirubhai.net/pulse/my-million-dollar-phone-10000-transmitter-jonas-berge
Future Thinking Problem Solver | PhD in Physics
7 年Industrials are evolving, as well as economy. Now eyes on you, governing, it's the next thing to be evolved. Smart city will need smart policy.
CEO
7 年Nice
Business Consultants - Partnering with Hydra Business Suite ensures your clients stay and pay for years.
7 年Truly amazing times, Peter. Thanks for all you do.