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Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Released Friday, 20th November 2020
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Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Day 1523 – Exponential Mindset - Proof of Growth – Ask Gramps

Friday, 20th November 2020
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Welcome to Day 1523 of our Wisdom-Trek, and thank you for joining me. This is Guthrie Chamberlain, Your Guide to WisdomExponential Mindset - Proof of Growth – Ask GrampsWisdom - the final frontier to true knowledge. Welcome to Wisdom-Trek! Where our mission is to create a legacy of wisdom, to seek out discernment and insights, to boldly grow where few have chosen to grow before. Hello, my friend; I am Guthrie Chamberlain, your captain on our journey to increase Wisdom and Create a Living Legacy. Thank you for joining us today as we explore wisdom on our 2nd millennium of podcasts. Today is Day 1523 of our Trek, and our focus on Fridays is the future technological and societal advances, so we call it Futuristic Fridays. My personality is one that has always been very future-oriented. Since my childhood, I have yearned for the exploration and discovery of new technologies and advancements for the future. I grew up with the original Star Trek series, and even today, as I am now on my 65th revolution around the sun, I still dream of traveling in space. Each week we will explore rapidly converging technologies and advancements, which will radically change our lives. At times, the topics may sound like something out of a science fiction novel, but each area that we explore is already well on its way of becoming a reality over the next couple of decades.To keep with our theme of “Ask Gramps,” I will put our weekly topics in the form of a question to get us on track. This week’s question is, Hey Gramps, last week you explained what a futuristic exponential mindset is, but do you have evidence to support why we should craft a futuristic exponential mindset? Exponential Mindset – Proof of GrowthLast week we explained how to craft a Futuristic Abundance Mindset. This week we will explore the exponential growth that is now evident. I am using some of the information mentioned in Peter Diamandis’s blogs and book “The Future is Faster Than You Think.”Exponential growth is happening all around us, but it can be hard to see.Given our linear thinking minds’ restrictions, it’s difficult for us to grasp how something that starts deceptively small can…Double 10 times, resulting in 1,000x growth, andDouble 30 times and get you to nearly a 1,000,000,000xPart of overcoming this embedded bias is actively developing an Exponential Mindset, as we discussed in last week’s episode. Today, I’m going to share and explore the overwhelming “proof of exponentials.” Proof ranging from accelerating computing power and internet access, to the digitization of retail and the rapidly falling costs of sequencing the human genome. If you would like to view the charts that correspond to this data, please check the Wisdom Journal for today on Wisdom-Trek.com. Those charts are proof that offers all of us “data-driven optimism.”Let’s dive in… Moore’s Law Continues...Almost all of our exponential tech trends discussed in this episode are being built on top of ever-increasing computational power. For the past ~70+ years, Moore’s Law, which predicts that computing power will double every two years, computing power’s exponential growth has continued non-stop. The chart in today’s Wisdom Journal, plotted on a log-scale, demonstrates this trend.

Computers are also becoming much more efficient. Processing efficiency is measured as the watts’ number is needed per million instructions per second (watts per MIPS).As you can see in the next chart in today’s Wisdom Journal, processing efficiency has increased by a factor of 100,000 since 1990.

With continued advances in quantum computing, we’ll see an explosion of information-processing capability.By 2023, IBM expects to reach 1,121 qubits with their processor codenamed Condor. As you can see in the next chart in today’s Wisdom Journal, this would be a 17-fold increase from today. IBM sees 2023 as the inflection...

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