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Category: Demonetization

Robotics | IoT

The 6 Ds of Tech Disruption: A Guide to the Digital Economy

“The Six Ds are a chain reaction of technological progression, a road map of rapid development that always leads to enormous upheaval and opportunity.” –Peter Diamandis and Steven Kotler, Bold We live in incredible times. News travels the globe in an instant. Music, movies, games, communication, and knowledge are ever-available on always-connected devices. From biotechnology to artificial intelligence, powerful technologies that were once only available to huge organizations and governments are becoming more accessible and… read more

5 Tech Forces That Will Change Insurance for Good

Massive reductions in insurance costs are coming, along with a wave of disruption. Traditionally, insurance premiums are determined by actuaries, a function of big numbers, statistics and probabilities. That’s what you have to do when you don’t know what’s really going on. You hope that the pool of insured individuals is big enough to account for the variation in your predictive model. But exponential technologies — namely, computation/digitization, artificial intelligence, machine learning, sensors, networks (especially social… read more

Why the Cost of Living Is Poised to Plummet in the Next 20 Years

People are concerned about how AI and robotics are taking jobs, destroying livelihoods, reducing our earning capacity, and subsequently destroying the economy. In anticipation, countries like Canada, India and Finland are running experiments to pilot the idea of “universal basic income” — the unconditional provision of a regular sum of money from the government to support livelihood independent of employment. But what people aren’t talking about, and what’s getting my attention, is a forthcoming rapid demonetization… read more

Exponential Finance: Cost of Living in the Future Will Be Substantially Reduced

Come here for the latest from the frontiers of finance and technology as we bring you coverage of Singularity University and CNBC’s Exponential Finance conference. It’s not every day that someone goes on… read more
The post Exponential Finance: C…

Book Review: Peter Diamandis’s ‘Bold’ a reminder of how entrepreneurs will control the world’s fate

Just as an asteroid wiped out the dinosaurs that ruled the Earth and made way for small furry mammals, a new wave of planetary disruptions is about to occur. The… read more