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Peter Thiel on Progress and Stagnation

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Re: Peter Thiel on Progress and Stagnation

#2
From first paragraph: this is a 56,000 word summary of Peter Thiel’s view on progress and stagnation in his own words, sourced from a number of his interviews and articles. This document consists only of direct quotes from Thiel, lightly edited for clarity (except for headings and where marked otherwise). Key quotes are in the summary. Compiled by Richard Ngo (@richardmcngo) and Jeremy Nixon (@jvnixon).

Re: Peter Thiel on Progress and Stagnation

#4
Thiel is interesting to me because he is so different than others in the SV bubble. Whether you agree with him or think he is the devil, at least he has independent views. I find a lot of people don’t think for themselves anymore.

Re: Peter Thiel on Progress and Stagnation

#6
> Google also has $50 billion in cash. It has no idea how to invest that money in technology effectively ... if we're living in an accelerating technological world, and you have zero percent interest rates, you should be able to invest all of your money in things that will return it many times over. The fact is you're out of ideas.

Idea possibly bad: Free market progress is a force in balance with consolidation of power and interests. So some lack of progress can be explained by reaching a tipping point in the monopoly power where concentrated interests just kill anything disruptive. Michael Seibel has written about this.

Re: Peter Thiel on Progress and Stagnation

#7
post #4

Thiel is interesting to me because he is so different than others in the SV bubble. Whether you agree with him or think he is the devil, at least he has independent views. I find a lot of people don’t think for themselves anymore.

People can achieve mainstream views through independent thought though.
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