As a creator of positive, inspiring environments, I find myself drawn to spaces that provoke the same optimism on a larger scale. This is why entrepreneur and visionary, Peter Diamandis’ Abundance 360 conference has been making it to my calendar, nearly every year since its inception 6 years ago.
Peter has successfully built a community that’s committed towards the vision of a better world, powered by technology. The summit builds upon Peter’s six stages or the 6Ds of successfully introducing technology – Digitisation, Deception, Disruption, Dematerialisation, Demonetisation and finally, Democratisation. These themes are explored in greater detail in his books Bold and Abundance.
Having studied molecular biology and aerospace engineering at MIT himself, Peter’s optimism comes from a place of knowledge – of both technology and the market. Aside from veteran entrepreneurs and his Strategic Coach peers like me, the attendees of Abundance 360 include individuals with phenomenal ideas for disruptive technology that could change the way we live in an immediate future.
What I love most about attending these sessions is how skilfully the panelists and the founder himself break down all apprehensions we might hold about the future. In sum, a session at Abundance 360 dismisses many of the cynical theories that tonnes of science fiction and skeptics have proposed about the age of technology. Below are the five most commonly held myths, addressed at Abundance 360.
Myth 1: Technology isolates humans from one another
With over 8 billion people set to be connected via the Interweb in just a few years, Peter assures us that technology won’t isolate us from one another. We’ll be working towards solutions for the future on a global scale instead.
Myth 2: Humans will be replaced by superior Robotics and Artificial Intelligence
While it’s true that Robots will be capable of delivering up to 100 times the output we can manage through manual labour, the applications will only serve to free up our time for more cerebral pursuits. This, coupled with the work going on the field of genetic corrections and human longevity, can only mean for a more purposeful human life in the future.
Myth 3: Cutting edge technology will only be enjoyed by a privileged few
If there is one particular aspect of Peter’s 6Ds roadmap that is most uplifting, it’s the ‘Democratisation’ part of the plan. Technology, as soon as it breaks past the barriers of acceptance and habit, finds a way to be replicated nearly free of cost. This doesn’t just apply to intangible things like software. With infinite computing and 3D-printing, our access to material possessions will only widen. There is a lot of talk of 3D-printed homes for all at Abundance 360 nearly every year.
Myth 4: Only all-new tech can be truly disruptive
Most technology that has made into our lives right now has actually existed for decades. All new innovation will mostly be a culmination of 3D-printing, AI, Robotics and even Synthetic Biology. It’s most likely in the Deception phase where we’re unable to fathom its impact yet. What we need right now isn’t inventors but entrepreneurs who can take a new idea and turn it into a marketable one.
Myth 5: Changing the world is in the hands of large organisations
The most empowering idea from Abundance 360 is that we do not need to depend on governments and large corporations, when new technology can be incubated within small companies. This shift in power from technology giants to smaller groups of individuals is what makes me look forward to a future filled with opportunity and promise.
Where most futurists warn us of a dystopian modern age, here, at Abundance 360, the air is charged with optimism – that if we put our minds to it, the future can be secured with human ingenuity and innovation.