To be Uploaded
But if we stop to think and to listen, we will realize that the quality of life has improved from before and is set to get better still.
The exponential growth rate of technology has opened the horizons for a better tomorrow. The enormous development in artificial intelligence, robotics, infinite computing, universal broadband networks, digital manufacturing, nanotechnology, synthetic biology, and other revolutionary fields will take us further in the next two decades than we’ve progressed in the last two centuries.
Today all information-based technologies, networks, sensors, cloud computing, 3D printing, genetics, artificial intelligence, robotics, biotechnology are on exponential growth curves — meaning they’re doubling in power for the same price every 12 to 24 months. We will soon be able to meet and exceed the basic needs of every individual on this earth. There will be sufficient abundance for all.
Lifespan doubled, income tripled in 100 years
Over the last hundred years, the average human lifespan has more than doubled, average per capita income adjusted for inflation around the world has tripled. Childhood and maternal mortality have come down a factor of 10. The cost of electricity, transportation, communication have dropped 10 to 1,000-fold. Food is cheaper and more plentiful than ever before. Global literacy has gone from 25 percent to over 80 percent in the last 130 years.
In developed nations many of those living under the poverty line today have access to a telephone, toilet, television, running water, air conditioning and even a car which the richest in Europe did not have 150 years ago. Even people in underdeveloped countries now have access to mobile phones, watch, stereo, camera, video camera, voice recorder, GPS tracker, video teleconferencing equipment, and a vast library of books, films, games, and music – all in a smartphone. People forget how extraordinary all this is.
Proliferation of young innovators
There is a proliferation of young innovators who have branched out into areas that was once the sole province of large corporations and governments. They are into space travel and bio-engineering – Craig Venter tied the mighty U.S. government in the race to sequence the human genome and high school and college students are doing real-world projects that rival the output of major biopharmaceutical companies. Dean Kamen, an American inventor, has created “Slingshot,” a water purifier that can turn anything wet (polluted water, sea water, even latrine water) into the purest water on Earth at a rate of 1,000 liters per machine per day for as little as .02 cents a liter and requiring less energy than it takes to run a hair dryer.
The wealthy technophilanthropics are using their fortunes to solve global abundance-related challenges – Bill Gates is focused on eliminating malaria; Naveen Jain is crusading against poverty in India; and Pierre and Pam Omidyar are focused on bringing electricity to the developing world.
Poor are entering the global economy
Finally, the poorest of the poor are entering the global economy in humongous numbers- 3 billion in the next decade – who will become a major market force. And with access to free online education (e.g. Khan Academy and other similar entities), they will be better educated and more aware than their predecessors and will contribute enormously to the global economy.
Creating future abundance is not about creating a life of luxury for everybody, it involves creating a life of possibility where what was scarce becomes abundant and accessible for all. With the advancements in technology and communication and the rising power of education, the world is all set to transform radically and create abundance in the future.