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November 21, 2011 10:22 pm GMT
Peter Thiel is a grump, but a special kind of grump. He is a dystopian utopian (if such a person can exist). The investor who wrote the first check for Facebook both believes in the power of technology to transform our lives, and isperennially disappointed by it. A lengthy profile in the November 28, 2011 edition of the New Yorker (summary here) states: "his main lament is thatAmericathe country that invented themodern assembly line, the skyscraper,the airplane, and the personal computerhas lost its belief in the future."It is an argument he's made before. Last September, at Disrupt SF he made the case that innovation is dead across most of the economy (you can watch the video of the session below). But what about the iPhone? "I don't consider this to be a technological breakthrough," he tells the New Yorker. Technology simply isn't creating enough jobs or moving the needle in areas like transportation, health, or energy.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/l91vKmiVNNo/
Peter Thiel To The New Yorker: I Dont Consider [The iPhone] To Be A Technological Breakthrough
Peter Thiel is a grump, but a special kind of grump. He is a dystopian utopian (if such a person can exist). The investor who wrote the first check for Facebook both believes in the power of technology to transform our lives, and isperennially disappointed by it. A lengthy profile in the November 28, 2011 edition of the New Yorker (summary here) states: "his main lament is thatAmericathe country that invented themodern assembly line, the skyscraper,the airplane, and the personal computerhas lost its belief in the future."It is an argument he's made before. Last September, at Disrupt SF he made the case that innovation is dead across most of the economy (you can watch the video of the session below). But what about the iPhone? "I don't consider this to be a technological breakthrough," he tells the New Yorker. Technology simply isn't creating enough jobs or moving the needle in areas like transportation, health, or energy.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/l91vKmiVNNo/
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