American - Businessman | May 20, 1961 -
The automotive X Prize, to a great degree, is focused on addressing petroleum usage and carbon emissions.
Peter Diamandis
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I was seeing a lot of entrepreneurs who were effectively working on the next photo-sharing app. I wanted to inspire them to go much bigger, bolder and more significant than that.
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When you have an employee who's innovative in your organization, what are they thinking about in the shower? If they're working in an exciting place, they're not thinking what they're going to do over the weekend. They're thinking: 'How do I solve that problem?'
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If the government regulates against use of drones or stem cells or artificial intelligence, all that means is that the work and the research leave the borders of that country and go someplace else.
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Private companies should be building businesses.
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Human exploration is something that's been going on for thousands of years, and the models that worked 500 years ago are likely to work again today.
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Private industry's job is to make money. Private industry's job is to create a huge economic engine.
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The communications industry has been tremendously successful, but we need to build the railroads and the oil wells and the gold mines of space.
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I think we're heading towards a world of what I call 'technological socialism.' Where technology - not the government or the state - will begin to take care of us. Technology will provide our healthcare for free. The best education in the world - for free.
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There was a Gallup poll that said something like 70 percent of people in the United States do not enjoy their job - they work to put food on the table and get insurance to survive. So, what happens when technology can do all that work for us and allow us to actually do what we enjoy with our time?
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I think about things like, 'Will my kids need a college account? Will they even go to college?' I don't know if that will be the case.
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In 1976, Kodak's first digital camera shot at 0.1 megapixels, weighed 3.75 pounds, and cost over $10,000.
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