In 2016, combined venture investments in VR, AR, and mixed reality (MR) exceeded $1.25 billion. In 2019, that number increased more than 3X to $4.1 billion.
And today, major players are bringing new, second-generation VR headsets to market that have the power to revolutionize the VR industry, as well as countless others.
Already, VR headset sales volumes are expected to reach 30 million per year by 2022. For example, Facebook’s new Oculus Quest 2 headset has outsold its predecessor by 5X in the initial weeks of the product launch.
With the FAANG tech giants pouring billions into improving VR hardware, the VR space is massively heating up. …
Do you know the advantages of a Gratitude Mindset?
And what might be holding you back?
One of the major challenges we all have today is a pervasive sense of “overwhelm.”
An increasing abundance of opportunities and a dizzying rate of technological progress can often blind us to many of the simple joys in our lives.
What was once a miracle we now take for granted.
In part, this is because technology allows us to do so much more, so much faster, so much cheaper and easier.
But it wasn’t always this way.
As a species, we used to work 80+ hours a week just to survive. To get access to basic food, water, and shelter. All of our technological advancements are giving many of us a vacation from basic survival. …
Forget costly prototypes, traditional textile manufacturing, product recalls, and the like… 3D printing is about to turn the entire retail industry on its head.
Already, the global 3D printing market is set to reach $15.4 billion by the end of this year, and then double to $34.9 billion by 2024.
3D printing is a precise form of additive manufacturing (AM), which allows you to create a product from almost any material at mass scale, generating large quantities while individually tailoring each product to consumers.
Advancements in 3D printing will be a key area of focus during my Abundance 360 Mastermind in January. In today’s blog, I will discuss how 3D printing will change the way our clothes (and most consumer goods) are made. …
Exponential growth is happening all around us, but it can be hard to see.
Given the restrictions of our linear thinking minds, it’s difficult for us to grasp how something that starts off deceptively small can…
Part of overcoming this evolutionary bias is actively working to develop an Exponential Mindset (discussed in last week’s blog).
My mission each January, and throughout the year for my Abundance 360 members is to show them what has happened during the past 12 months, and what is likely to occur over the next 24–36 months ahead. …
Over the next decade, waves of exponential technological advancements are stacking atop one another, eclipsing decades of breakthroughs in scale and impact.
Emerging from these waves are 20 “Metatrends,” likely to revolutionize entire industries (old and new), redefine tomorrow’s generation of businesses and contemporary challenges, and transform our livelihoods from the bottom up.
These Metatrends include augmented human longevity, the surging smart economy, AI-human collaboration, urbanized cellular agriculture, and high-bandwidth brain-computer interfaces… just to name a few.
This is where master entrepreneurs and their teams must see beyond the immediate implications of a given technology, and capture second-order, Google-sized business opportunities on the horizon. …
Entrepreneurs will create more wealth in the next decade than we did in the past century .
We’ll also experience the reinvention of every industry. Understanding how to navigate this accelerating technological change is essential for every leader.
What’s the reason for such dramatic change?
The convergence of exponential technologies… computation, AI, robotics, biotech, networks, sensors, 3D printing, AR/VR and blockchain… These technologies are stacking and recombining — ultimately transforming markets and business models.
The problem with such significant change is that most people fear the future, instead of being excited by it. …
The world is getting better on many critical fronts (see all the evidence below in this blog!).
But many of us can’t see this good news because we are constantly bombarded by all of the negative news online, on TV, and in newspapers.
So why are we fed “Negative/Crisis News” 24/7 on every device we own?
Humanity evolved on the savannas of Africa over the last 5 million years, surrounded by a world of severe and immediate danger.
To deal with this constant presence of danger, our brains evolved an ancient piece of the temporal lobe called the amygdala, which scans everything we see and hear for signs of danger. …
News travels the globe in an instant. Music, movies, games, communication, and knowledge are ever-available on always-connected devices.
From AI to biotechnology, powerful technologies that were once only available to huge organizations and governments are more accessible and affordable than ever before thanks to digitization.
The potential for entrepreneurs to disrupt industries has never been greater.
And the secret to positively impacting the lives of of people is understanding and internalizing the growth of exponential technologies.
This growth cycle takes place in six key steps that I call the Six Ds of Exponentials: digitization, deception, disruption, demonetization, dematerialization, and democratization.
If understanding how to use exponential technologies to transform your business and create a world of abundance is something you desire, then consider joining my Abundance 360 Mastermind . …
The era of the internal combustion engine (ICE) car is ending. We may have reached “peak ICE.”
As Elon Musk predicted during Tesla’s recent “Battery Day” presentation, in the long-term there won’t be an ICE industry.
From here on out, it’s all about electric vehicles and autonomous ride-sharing, and the implications for society and the automotive industry are HUGE.
Need evidence? Oil demand from passenger vehicles is predicted to have already peaked, according to Bloomberg New Energy Finance, and demand from overall road transport is expected to peak in 2031.
Electric vehicles (EVs) currently displace the need for 1 million barrels of oil each day. And by 2040, EVs are projected to disrupt demand of over 17 million barrels of oil per day — a figure steadily on the rise as EV costs plummet. …
There are actions you can take right now to increase your potential healthspan, with a target of making it to a health 100+ years old.
In my last two blogs, I focused first on having a Longevity Mindset, and second on a wide range of Longevity-related technologies (Stem Cells, Gene Therapies, CRISPR, Senolytic Medicines, etc.) that could potentially add 30+ healthy years to your life.
In this blog, I’ll focus on some practical things that each of us can do today, as a bridge that will get us to those rejuvenation technologies under development in the coming decades.
Your goal should be to live long enough to intercept the next bridge of technology, and the next one, and so on — extending your healthy lifespan as long as you desire. …