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Abundance for all is within our grasp

April 21, 2013

“Exponentially growing technologies will enable us to make greater gains in the next two decades than we have in the previous two hundred years. We will soon have the ability to meet and exceed the basic needs of every man, woman, and child on the planet. Abundance for all is within our grasp”.

This quote is from Abundance: The Future is Better Than You Think by Peter Diamandis and Steven Kotler.

They go on to say “Imagine a world of nine billion people with clean water, nutritious food, affordable housing, personalized education, top-tier medical care, and non-polluting, ubiquitous energy”.

According to Peter and Steven, the key drivers to achieve abundance for all are technological advances, the 3-D manufacturing revolution, capital from techno-philanthropists, and the poorest billion people joining the global economy. The challenge for us to comprehend this potential is that we evolved to think in a linear manner whereas technology has been advancing exponentially, as predicted by Moore’s Law.

Moore’s Law is now commonly accepted to mean that computing power doubles every 18 months. Gordon Moore made this prediction in 1965 and expected it to last 10 years. It is still proving correct nearly 40 years later but there is a view that it may slow within the next 5 years.

However, a breakthrough in quantum computing by a team at the University of NSW announced this week points to further exponential increases in computing speed. The team demonstrated the storage and retrieval of information using the magnetic spin of the nucleus of a single atom embedded in silicon. Click here to read the announcement from UNSW.

It is these types of breakthroughs that deliver the exponential acceleration of technology which will help to deliver abundance for all.

While progress is our purpose (click here to read more), abundance for all is our outcome.

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From → Abundance

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