Peter Diamandis Quotes

Disruption is a critical element of the evolution of technology - from the positive and negative aspects of disruption a typical pattern emerges, as new technologies come to market and subsequently take hold.

I want to be in an industry where the upstarts can grow and displace the incumbents, because that's why there's so much innovation.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.

Even IBM can't stand in the way of progress... for more than a decade.

Technology is characterized by constant change, rapid innovation, creative destruction, and revolutionary products.

Disruptive innovation is competitive strategy for an age seized by terror.

We, we - as I say, we go in and shake up other industries and I think, you know, we do it differently and I think that industries are not quite the same as a result of Virgin attacking the market.

The Internet creates as well as destroys. Social networks, search advertising, and cloud computing are multibillion dollar industries that didn't exist 10 years ago. They are products of the same force that has rendered the Postal Service's core business obsolete.

They're protecting an archaic industry. They should turn their attention to new models.

The introduction of machinery is turning into idleness thousands, faster than new industries are founded

Those who ultimately shake up an industry are often outsiders who don't know any better.

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.

I want something completely new and different to happen, and lots of it. Stuff that makes us change the way we think about a market or the world. Something that inspires a new generation of crazy startups doing crazy things.

Some of the most innocuous inventions have proven earth-shattering, with reverberations felt around the planet. The Internet is the poster child for disruptive technology, but even such inventions as Amazon's Kindle and Apple's iPod have rocked their respective industries by changing how we entertain ourselves.

Why is it that big companies fail when the technology changes? It happens in every industry, so what's the pattern? What are they all doing wrong?

No one has ever been able to stop the process and evolution of technology, not even I.B.M. That is going to continue. Those who grab it and move ahead with it will determine the future in this industry.

Once a new technology rolls over you, if you're not part of the steamroller, you're part of the road.

I think, particularly in our tech industry, this is an industry that has violent innovation and then commoditization, and it's a cycle of innovation/commoditization.

You know, IBM was almost knocked out of the box by other types of computer software and manufacturing.

Every company that made computers when we started the Mac, they're all gone.

True disruption means threatening your existing product line and your past investments. Breakthrough products disrupt current lines of businesses.

It's very difficult in the technology space when you have been leapfrogged to prosper again.

Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.

The Internet moves very fast. In the old world, we could afford to sit and analyze forever. But in the new world, the first mover has the advantage.