It is actually not that hard on a meta level. Challenging people in a stable society as well as trail and error while sharing that knowledge is pretty simple. Unless we all die, there is a 100% chance of success. When we talk about innovation.
A more specific question is: How do you challenge people in a stable society? The answer is simple. You challenge people with curiosity, according to the responsibility they want and educate them accordingly.
who knew that it we cannot base an economy upon taking a 2nd and 3rd mortgage on the nations productive capacity to pay medical professionals to push old people around in wheelchairs? The problem is political and economic not technological. There are thousands of smart scientists at the local university that have ideas that are probably great, the problem is their practical implementation (they need money). I think Thiel knows better.
Once again, Peter is dead on. If we don't continue to CHANGE/ADAPT/ADOPT, we'll stagnate and have to work much harder. Yes, the Fed, lack of savings and fiscal policy are damaging our ability to grow, but it pales in comparison to the lack of true change that occurs within people and at companies.
Andy Grove, head of Intel, says if we want to solve the outsourcing of labor issue, corps need to either develop or give up their IP's!
mr thiel makes a mistake in assuming this is a technological problem, it is a SAVINGS problem. To the extent that the the state has channeled trillions of dollars from the private market to the welfare state, it has discouraged the development of new technologies that he talks about.
@robertsmith2004 you can say, the human was condition to have great expectations. If you save your own money, you take from other - if you bulid a machine there can give free clean energy you can redistribiute through a funny instituation (GOV. - Robin Hood.) - What can you do with savings? - okay fiancial system, that matters - economic is a fact.. :() There is good question about the technology, because its seems like all that "progress" have short benefits, but in the long run - more trouble
Unfortunately, all the capital which would be going towards progress is instead stolen by our parasite state and squandered on the warfare/welfare.
revelationary 1 year ago 8
@revelationary I love you
EdgarM729 9 months ago
@revelationary I've just checked your profile to see if you are from my country too :D
eugrus 9 months ago
It is actually not that hard on a meta level. Challenging people in a stable society as well as trail and error while sharing that knowledge is pretty simple. Unless we all die, there is a 100% chance of success. When we talk about innovation.
A more specific question is: How do you challenge people in a stable society? The answer is simple. You challenge people with curiosity, according to the responsibility they want and educate them accordingly.
VersatilyAudacious 5 months ago
its like facebook hes saying nothing gibberish.
joebstarsurfer 1 year ago
facebark sorry FBI!.
joebstarsurfer 1 year ago
This guy is a surprisingly poor public speaker for someone so rich.
chunkEcheez 1 year ago
@saxonthebeach27
who knew that it we cannot base an economy upon taking a 2nd and 3rd mortgage on the nations productive capacity to pay medical professionals to push old people around in wheelchairs? The problem is political and economic not technological. There are thousands of smart scientists at the local university that have ideas that are probably great, the problem is their practical implementation (they need money). I think Thiel knows better.
robertsmith2004 1 year ago
That 2 economists quote gets me thinking...
--Trindaz on Fedang #financial-markets
trindaz 1 year ago
Once again, Peter is dead on. If we don't continue to CHANGE/ADAPT/ADOPT, we'll stagnate and have to work much harder. Yes, the Fed, lack of savings and fiscal policy are damaging our ability to grow, but it pales in comparison to the lack of true change that occurs within people and at companies.
Andy Grove, head of Intel, says if we want to solve the outsourcing of labor issue, corps need to either develop or give up their IP's!
davejoe75 1 year ago
mr thiel makes a mistake in assuming this is a technological problem, it is a SAVINGS problem. To the extent that the the state has channeled trillions of dollars from the private market to the welfare state, it has discouraged the development of new technologies that he talks about.
robertsmith2004 1 year ago 3
@robertsmith2004 you can say, the human was condition to have great expectations. If you save your own money, you take from other - if you bulid a machine there can give free clean energy you can redistribiute through a funny instituation (GOV. - Robin Hood.) - What can you do with savings? - okay fiancial system, that matters - economic is a fact.. :() There is good question about the technology, because its seems like all that "progress" have short benefits, but in the long run - more trouble
Vincentmahone 2 months ago