Sunday, February 26, 2012

Peter Diamandis, personal space travel entrepreneur, makes pitch for "learning to work" and "incentivized competition" (X-Prize Foundation)

Peter Diamandis, founder of the X-Prize Foundation (link) and a big player in personalized space travel, appeared on CNN yesterday and made the argument that Americans ought to get used to paying more for services, especially to people who do the work we don’t want to do ourselves (like providing physical eldercare, domestic work, fast food work, etc). 

He also discussed his concept of “incentivized competition” as a way to improve the economy and the employment situation. 

Here is CNN’s blog entry on him from Oct. 2011, link.“How to innovate?  Be fearless.”

I must say, that after my Dec. 2001 "career ending" layoff at age 58 (and "retirement buyout"), I faced tinkering, in hit-and-miss fashion, with regimented, low-wage jobs that sounded like they came from a Maoist Cultural Revolution, or maybe Barbara Ehrenreich's "Nickel and Dimed".  Some aren't so regimented. Want to get up at 2 AM to deliver newspapers?  Want to start a receiving shift at Netflix at around 4 AM?  

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