Earlier quoted context omitted.
I don't think he's a traditional American libertarian. If you read his book Zero To One, he states that he thinks a fundamental truth that most people don't realize is that improving technology is more important than globalization for the human race, which is fine, but that leads him to the conclusion that things like welfare and tax increases are an abomination holding back progress, which makes him against both. I…
That's a little bit of an oversimplification. Thiel thinks that globalization of development without massive technological advancement will lead to a kind of slow Malthusian catastrophe since current technology (fossil fuel energy systems, slow transit, inefficient power grids, etc.) cannot possibly support the entire human race at a modern developed world standard of living. I don't agree with everything Peter think…
Looking around me I see some evidence:
CCD Cameras: https://en.wikipedia.org/wiki/Charge-coupled_device#History LEDs: https://en.wikipedia.org/wiki/Light-emitting_diode#Initial_c... Laser diodes: https://en.wikipedia.org/wiki/Laser_diode#History LCDs: https://en.wikipedia.org/wiki/Liquid-crystal_display#History Microprocessors: https://en.wikipedia.org/wiki/Microprocessor#History
All invented before 1970. However, they were not really in the hands of consumers by this time. So, I wonder if the point of invention, or the point at which they really had widespread availability is more important?