Abundance Summary
Abundance Summary
Abundance Summary
fourminutebooks.com/abundance-summary
1-Sentence-Summary: Abundance shows you the key technological trends being developed today,
to give you a glimpse of a future that’s a lot brighter than you think and help you embrace the
optimism we need to make it happen.
Published in 2012 by Peter Diamandis and Steven Kotler, Abundance was an instant success with
techies, entrepreneurs and science-fiction nerds. Contrary to what the news tell you, the world
isn’t in such bad shape, and after reading this you’ll know why.
Abundance is a glimpse at the future and a primer for everyone, who doesn’t yet feel too
optimistic about it. Followed by Bold in 2015 from the same two authors, which helps
businesses create more of the technology we need to make it happen, James Altucher turned
me on to this one, as he promotes an abundance mindset himself.
Here are 3 lessons to help you think abundantly in a world plagued by the scarcity complex:
Are you ready for the future? After these lessons, you’ll definitely be!
Lesson 1: Screw the news and irrational fears, today is better than ever.
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If you’re convinced we’re in a permanent, downward spiral and everything’s going to get worse,
all the time, no matter what we do, you’re what Peter Thiel calls an indefinite pessimist in Zero to
One.
At least this state is curable, and you’re most likely in it for the two following reasons:
The first factor describes the ancient structure of our brain, which isn’t all too suited for the
modern world. What Seth Godin describes as the hungry, scared, angry and horny lizard brain,
which must be quieted, is truly your amygdala, your fear radar, which puts you in fight or flight
mode every time it sees even the slightest threat. Most of the things that trigger it today, aren’t
real threads, however, because neither a yelling boss, nor a ringing phone or pressing the
publish button on a blog post will kill you.
The second part is about the news blowing everything out of proportion and focusing on the
bad headlines, because shock, horror and fear get the most clicks.
Calm down, cut the news chord and look at some statistics: you’ll see the world has never been
a better, safer place to live a long, healthy, wealthy and abundant life.
For example, eradicating Malaria will not only mean better health for African people, it’ll also
improve their economic situation, because less people will be unable to work and more tourists
will flock to the continent, because it is now safer. Also, since most cases affect children, as
mortality rates go down, so will birth rates. There’s no need for African mothers to bear seven
children, when they can be sure that their first two kids will actually survive.
Similarly, generating high-density energy from algae, which can be grown in salt water, will not
only solve the need for more energy, but also lessen the environmental burden, because less
crop has to be farmed for the same purpose.
You see, the world’s most complex problems all relate to each other, which means we never
solve just one of them – progress always means progress in several areas.
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Lesson 3: Instead of thinking outside the box, think inside the right-
sized box.
These kinds of innovations can only come from a mindset of abundance. America is often
considered to celebrate failure, a culture that’s often criticized by other countries (Germany is
especially skeptic of this). But USA’s “failure culture” is not about trying to fail, it’s about the
freedom to experiment and the spirit to get up and try again after learning from a mistake.
Nobody ever tries to fail on purpose, but that doesn’t mean you should stop trying when
what you’re doing is important.
Innovation competitions with small prizes encourage the right kind of behavior, because the
prizes are not big enough to warrant huge companies’s interest, but force small teams to
innovate with what they’re given. For example, MIT holds a competition where teams of five
people have five days to run a business experiment for $5,000 or less.
The problems we’re trying to solve stem from current limitations we can’t move past (like
batteries being able to only store a certain amount of energy), so confining ourselves on
purpose is how we can learn to work with what we’ve got to create something better.
It’s not so much about thinking outside the box as it is about placing yourself inside the
right-sized box and figuring out how to get out of it.
Abundance Review
You can’t help but feel hopeful after reading this. You might even want to explore a bunch of the
trends outlined in this book and take a swing at a project in one of them yourself (like 3D
printing or robotics).
If you need a reminder that there’s no better time to be alive than today, and why you have all
the reason to be grateful, Abundance is the right choice.
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