Uploaded by ReasonTV on Mar 15, 2012



Can a Masai Warrior in Africa today
communicate better than Ronald Reagan could? If he's on a cell phone,
Peter Diamandis says he can.

Peter Diamandis is the founder and
chairman of the X Prize Foundation, which offers big cash prizes "to
bring about radical breakthroughs for the benefit of humanity." Reason's
Tim Cavanaugh sat down to talk with Peter about his new book Abundance
and why he think we live in an "incredible time", but no one realizes
it. Peter thinks that there are some powerful human forces combined with
technological advancements that are transforming the world for the
better.

"The challenge is that the rate of innovation is so
fast..." Peter says, "the government can't keep up with it." If the
government tries to play "catch up" with regulations and policy, the
technology with just go overseas. Certain inovations in "food, water,
housing, health, education is getting better and better." Peter "hopes
we are not going to be in a situation where, entrenched interests are
preventing the consumer from having better health care."

Filmed by Sharif Matar and Tracy Oppenheimer. Edited by Sharif Matar

About 15 minutes

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