“20 Minutes of Successful Niche Secrets – EPISODE 27”,
Where I listen to Peter Diamandis and Dan Sullivan at Strategic Coach
“PODCAST – EPISODE 27,” Where I listen to Peter Diamandis and Dan Sullivan at Strategic Coach
Today's podcast is a recording I made at my class at Strategic Coach. It is a discussion about future technologies that will change your life.
Join me as we listen to Dan Sullivan and Peter Diamandis talk about Abundance 360.
Dan: Off the field as number one. This’ll be number six I think.
Peter: Six of 25.
Dan: Six of 25, and so that was a premise when we started, was that we would do this for 25 years. And I’ll have you reflect on that in just a second, but this is a big jump for us this year because we’re moving from the Four Seasons to the Hilton, and we’re able to actually have the number of audience to match the names. So we have 360 entrepreneurs this year.
Peter: And that will be permanently capped there – the physical event. I’m actually dematerializing and demonetizing and democratizing it with the digital version of A360 for young entrepreneurs just getting started. And my goal was to really reach a million entrepreneurs, because I think entrepreneurs are the means by which you solve a new problem. If I wanted to solve global warming, the economy, whatever, it’s through entrepreneurs.
Dan: Yeah. So there’s a lot of very, very interesting aspects of Abundance 360, but I think for the last couple years, the real magic has been in your Convergences. Could you just explain?
Peter: Yeah. So I spend the entire year getting ready for these three days in January, and I’m literally on it every single day. And I’d like to – actually I don’t know if you know all of what we’ve got planned for this year – but may I take a second and talk about that in the context of the Convergences as well?
Dan: Let me see if I say yes or not. Go ahead.
Peter: So we started on Sunday. And one of the things I love doing is I review the entire past year of all the tech breakthroughs and really prioritize them, and then do a session called “Proof We’re Living in 2018.” And so, on that day, it’s a conversation about the velocity of change. Every year is really measurably picking up, and this year I’m going to be doing that “Proof We’re Living in 2018,” but in conversation with everybody in the audience. So when we put forward a breakthrough, the question is going to be, “Okay, who’s excited about this because it’s going to disrupt your company?” or “Who’s excited because they want to use this technology and really get into a conversation with all members about each of these major breakthroughs, so you can see how someone else plans to use it, or how someone else thinks it’s going to disrupt their business?”
One of the things I’m also doing this year in partnership with Tony Robbins, we’re going to be doing every year. So I’m not concerned about AI as the terminator; I am concerned about the impact on technological unemployment. And so, we’re going to be doing a global town hall, broadcasting worldwide this year for the first time, and every year, looking at what’s going on in the field of technological unemployment. What are the metrics? What’s going on right now? What’s going on in AI Robotics? (sort of metricizing that). And then with the A360 community, the digital community and the world watching, talk about what we do about it, because we need to think about this today, before it hits us. And it will hit very hard inside the next ten years.
Dan: Yeah. Well, it’s interesting – we had an entrepreneur in the program yesterday. This is the first one, and I’m giving him a lot of personal time because he’s the first of my entrepreneurs to actually wake up with Watson. So there’s a team at IBM that’s working with his team as the first one. So I’m really interested from the kind of thinking you have to do to actually do group work. I’ve got to give him a chance because he’s been in 10 times for about four years, and it’s really interesting what he’s doing. So I said I will approach this as I do all things, with a complete confident ignorance.
Peter: So that’s on Sunday. I’m also going to be introducing something called the “Impact Pledge.” You guys might be familiar with Buffet and Gates’ Giving Pledge. And I’m not happy enough with the Giving Pledge, which says I give half my money away before I die. That’s still a very passive way of looking at philanthropy. So I’m looking this year at doing something that I’m passionate about, which is launching the Impact Pledge, which is getting people actually to call their shot, call their Moonshot, and say, “This is the impact I’m going to make.” “I’m going to solve women and girls’ abuse or safety in this country.” “I’m going to bring clean water to this country.” One of our A360 members had the Moonshot, he’s building a $2-billion wind farm. And he came up with a new shot last year, and he’s on track to attach it and launch it this coming year. So it’s tracking companies, philanthropies, individuals who are making massive Impact Pledges, and really showing the world that that’s what you can do. At some point, you made enough money where you just can’t buy more boats or houses or planes. What do you do with that money? And the way we make the world a world of abundance is by just knocking down problem after problem after problem. Which, by the way, make great business opportunities as well. So do launch an Impact Pledge at A360 this year, and you’ll hear more about that.
Monday, we have our first Convergence Catalyzer, and I love these, as you do, Dan. I bring three world experts on stage, and we talk about what’s going on in their field, in this case, in the near term. So the three topics we’re doing are material sciences, and I’m bringing the CTO of Applied Materials, the top company in the world, and he’s the top technologist in the world, of what’s going on in material sciences. Every single one of our worlds or companies are going to be affected by material sciences, which is, we don’t realize it, but it’s exploding onto the scene, especially with AI affecting that. Then I’m bringing Dean Kamen, who’s in the top roboticists in the world. And then I’m bringing Ramez Naam, on the future of energy. When we talk about the impact of material sciences, energy, and robotics, and the goal is, as those people are talking to each other, and then you are asking them questions, it’s to see unforeseen intersections, right? I’m clear about, you can be an expert in energy or materials or robots, but it’s the convergence of those. The unholy alliance is greater than that, which will be creating your businesses. And my goal is unfair advantage, where you see a new business idea, whether it’s in the snow business, or it’s in the trucking business – whatever it might be – coming out of the combinations of these things. We’re going to be doing a module on 6 Ds – how you digitize your products and services and your ideas. And then that Monday afternoon is a session on longevity. I’m going to be hitting on, what are the current breakthroughs going on in longevity? So, in stem cells and say, with medicine, you’ve been hearing about work out of Stanford – young blood experiments. We’re going to be talking about senescent cells. So it’s something I’m very passionate about – tracking and getting to know all the top scientists in the world who are going to help this young man reach 156. You kind of have to reconsider that one.
Dan: I know. Well, I mean, there’s lots of time to redo this, but I would say that I think right now in the podcast world, your 700 years, my 156, representing the two partners on the tag team’s probably the cutting entry.
Peter: Yeah. And I was with Ray Kurzweil two days ago for the opening of the Singularity University Global Solutions Program, our summer program, and we were talking about this concept, which I love, called Longevity Escape Velocity, which is, there will be a point (probably about 20 years from now), that for every year that you’re alive, science has extended your life more than a year. So there’s a point at which you escape velocity, which makes the idea of living to 156 or 700 ridiculous, because if you live that long, you can live forever.
Dan: Yeah. Make sure you have some friends.
Peter: But in a very real, very scientific, very “what do you do right now?” conversation, one of the modules is on longevity, and I’m bringing some artists, scientists, thinkers. You hear them, ask them a question, see what you can do for yourself. But at the end of the day, longevity is the largest marketplace in the world. There’s $60 trillion locked up in private wealth, and who’s not going to spend a significant portion of that to give themselves an extra 30-40 healthy years? And for those of you in the finance business/insurance business, it changes all your numbers significantly right now. So if you start to believe that in fact, we’re going to start extending healthy lifespans 30-40 years (which we are), you need to understand that and start thinking about how that impacts your calculations, what you’re going to do, how you’re going to plan for your next career or retirement or your customers, and so forth.
Dan: Alright. Last one. How many of you are intrigued by what Peter’s talking about here? Yeah. And you go there, and there’s going to be five or six things which change your approach. Now I’ll just say one thing, and that is my 156. So it marks 30 years this summer, that I’ve actually been having 156 as my goal. And people say, “Well, we think you’re just setting yourself up for disappointment.” And I say, “Well I won’t be
disappointed. I’ll be gone. It’s all the messes I leave behind that’s the problem.” But who cares? They do what they want. But I will say this, especially when I hit 70 (and now I’m 73) – having this thought in my mind for 30 years has radically changed how I’m experiencing today. And I notice the other 70-year-olds – they’re blinking now. I mean, if you want to compete with other human beings, wait until you’re 70. It’s easy to knock them off. When you’re 70, some of them can’t get out of the chair and everything. But I never give any thought to the normal mortality tables or the actuarial tables because I have had this goal, and then I keep plugging in. Your eyes only see and your ears only hear what your brain is looking for. My brain’s looking for anything that will support 156 years. So I look at life totally different today because I’ve had this brain work for the last 30 years, and it’s really interesting. And I have someone who came back to the program after 20 years, and he looked at me and he said, “You look younger today than you did 20 years ago.” And I said, “Well, I’m thinking younger than I am.” So I’m dispensing with all the usual birthdays – 75’s coming up, I’m doing nothing about that, 80, doing nothing. But in 2022 on my birthday, I’m having a halfway party. On 78, it’s halfway to 156, and maybe you’ll come, and we can talk at the party about all the things that have been discovered about thinking this way.
Peter: Sure. Yeah. Our birthdays are a couple days apart.
Dan: Actually the next day – 19th and 20th of May.
Peter: So there are a bunch of other things, but one of the things I’m also proud about at this A360 is you’ve heard me talk Moonshots, right? I think Moonshots are very important. It’s all about the mindset. Moonshots. Well, the guy who coined the term “Moonshot” and runs Google’s Moonshot Factory, Astro Teller, is coming to actually work with the entire A360 membership about how you set a Moonshot. How do you get your team to invent a Moonshot? How do you fail more rapidly? How does he do it? So Astro will be my guest and we’ll be talking about Moonshots – how to create them, how to run them.
Dan: Yeah. The Google presentation on teamwork and innovation last year – I think everybody in there thought that that was one of the really great takeaways.
Peter: I also have Sebastian Thrun coming. We’ve got a whole session on education – educate your kids for the future, educate your employees for the future, educate yourself for the future. It’s going to be awesome.