Ask an Expert: Peter Diamandis
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Oh, yes!
Here comes my robotic bird drone.
Okay. That's the name
your mom gave you? Okay.
Hi, everybody,
this is Peter Diamandis.
I'm the Chairman and CEO
of the X Prize Foundation,
Co-Founder & Executive Chairman
of Singularity University,
and we are here
for the amazing show:
"Ask and Expert",
where we take questions
from the Twitterverse
about subjects we teach here,
at Singularity University.
We are, probability taking them
from alien planets too,
but I haven't heard any yet.
So, what's your question?
Here she is, my robotic bird.
All right, PDX4EVA, asks:
"When is your first space mining
expedition, and how do I sign up?"
All right.
So, here is the deal.
You can sign up to watch it,
but we are sending robots,
we are not sending people.
Our Arkyd spacecraft,
we just lunched one,
a few months ago.
Our next one is going up
at the end of this year,
and about every year two or three
next generation space craft go up.
Our objective is to send
the first one of these
out of the earth orbit to an asteroid
sometime in the next three years,
and these space craft are going out
for doing prospecting.
They have on board a set of sensors.
Hyperspectral sensors
will be looking for
nickel, iron,
platinum group metals and so forth.
Midwave IR sensors
that can look for water.
Because water on these asteroids
is like finding and oil field.
Water is hydrogen an oxygen,
which is the most powerful fuel
in our solar system.
The house of representatives
in the United States
just passed legislation
that allows a private entity
to own materials
that takes off of asteroids.
It goes to the Senate, it already got
the support of the White House.
So, stay tuned
for before the end of this decade
asteroid prospecting missions.
The mining comes next.
We will figure that part out,
you know, next.
Hey, my drone is back. Wow.
Almost back. Sit, stay, stay.
Be nice, be nice.
Paygows asks:
"Does your vision of abundance
look like the federation
of the Star Track or something else?"
Great question.
So, the fact, in mater is, I'm a Trekkie,
full disclosure here,
and in the Star Trek universe
effectively there are no money.
In the original Star Track
there are no money, right?
We came in with
the Ferengi and latinum,
or whatever the heck is called,
in the later series.
But in a universe
where you have a fabricator,
where you can take energy
and make matter,
why do you need money for?
And this is exactly
where we are going.
We are heading towards
a universe of abundance,
where what used to be scarce,
and cost a lot of money,
is effectively becoming free.
I'll give you an example.
Right here in the valley,
not far from here
where I'm filming this for you,
there is a company that has energy,
water, methane and hydrogen
coming in one end,
and out of the other end,
comes diamonds.
Perfect diamonds,
where the cost per carat
is like ten bucks.
So the problem is, now you go
to propose to your girlfriend,
you get diamonds to your wife,
and she says: "Oh my god,
this ten carat diamond
only costs 100 bucks."
I mean, honestly, we are going
towards a world of abundance,
where we are learning how to take
what was scarce and limited,
and make it abundant.
And I do believe it looks much more
like a Star Trek universe.
And that's exciting. Where energy, water, food, materials,
become lower and lower cost.
All right, here we go.
Lol, here it is.
All right. Man, ran out of juice.
Batteries went dead.
Okay.
Cody asks:
"What tech is Peter using daily?"
You know, Cody, I'm actually using
the same tech you are.
My smartphone
is the fundamental, right?
I'm using Skype.
One cool tech I'm using
is my beam robot.
So, here in Singularity University,
I've got 15 beams.
One in my leaving room at home.
And beams are, these robots,
and with them I can do telepresense.
On my laptop,
I can beam in someplace,
and drive the robot around,
and actually go to talk to people,
participate in meetings.
I can be in Seattle one moment,
in La Jolla the next,
here in Mountain View the third,
and actually be mobile,
and have interactions with people.
So, I'm using that.
I fly an SR-22 airplane.
And when I fly that, I'm using
the Global Positioning System.
And really some decent
narrow AI autopilot,
to keep me safe in the air
while I'm texting to the ground.
I love technology,
I love experimenting with it,
and I can't wait
to tell you more next year.
Thank you for watching
"Ask an Expert".
I'm Peter Diamandis,
here in Singularity University.
And that's it for this season,
but we'll be back for season two,
soon enough.
Don't forget to click right here
to subscribe.
Oh, boy.
I said, don't forget
to click right here, to subscribe.
Right there.
And you too will have
confetti falling from the sealing.
See you guys next season.
That's perfect man.