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Peter Diamandis: Ten Years Of Change

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It’s hard to believe, but…

Ten years ago…

  • The first video was uploaded to YouTube.
  • Facebook, then just a year old, dropped “the” from its old URL “thefacebook.com” after acquiring “facebook.com” for $200K.
  • An early prototype of an autonomous car completed the DARPA Grand Challenge for the first time.
  • The term “Drone” meant a military weapon system.
  • Bitcoin and blockchain didn’t exist, and wouldn’t be created for three more years.
  • Android was a small startup that Google had just acquired.
  • There were 6.4 billion humans on Earth, only ~1 billion were online, and none of them had heard of Uber or AirBnb.

Today…

  • YouTube has more than a billion users, who watch hundreds of millions of hours of video every day. Three hundred hours of video are uploaded to YouTube every minute.
  • Facebook has 1.4 billion users from every country on Earth.
  • Every major car manufacturer is working on an autonomous model, and Google’s autonomous cars have logged over 1 million miles driving themselves.
  • Drones are now used by children, can be purchased at prices ranging from $50 to $1,500. The largest consumer drone company DJI (which was started in 2006) is valued at $10 billion.
  • Bitcoin and blockchain companies have raised hundreds of millions in venture capital and are poised to be potentially as disruptive as the Internet itself (see below).
  • Google now has over 1 billion active Android users.
  • Today, there are close to 7.4 billion humans on Earth, and ~3 billion are now online.
  • Uber, which was started in 2009, is valued at over $40 billion, and AirBnb, started in 2007, valued over $20 billion.

These are only a few of the fun examples of exponential change from the last decade.

The question is: What will the world look like a decade from now?

In a few days, I will be releasing an article I wrote for the Huffington Post’s 10-year anniversary.

It contains a few of my predictions for the next 10 years, and an explanation as to why I believe we are living in the most exciting time ever.

We are living toward incredible times where the only constant is change, and the rate of change is increasing.

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