Jump to content



Photo

Peter Thiel


  • Please log in to reply
1 reply to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 3,266 posts

Posted 02 November 2016 - 10:15 AM

I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion. 

 

Education is a bubble in a classic sense. To call something a bubble, it must be overpriced, and there must be an intense belief in it. 

 

People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why. 

 

There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising. 

 

The core problem in our society is political correctness. 

 

 

 


--

Gaia / Planet Worship was the pseudo-religion of the left. Now it's Harry Potter in public, 50 Shades of Grey in private


#2 stocks

stocks

    Member

  • Traders-Talk User
  • 3,266 posts

Posted 02 November 2016 - 10:50 AM

‘Single-digit millionaires’ like Hulk Hogan can’t afford justice

 

“You have as much computing power in your iPhone as was available at the time of the Apollo missions. But what is it being used for? It’s being used to throw angry birds at pigs; it’s being used to send pictures of your cat to people halfway around the world; it’s being used to check in as the virtual mayor of a virtual nowhere while you’re riding a subway from the nineteenth century.”


--

Gaia / Planet Worship was the pseudo-religion of the left. Now it's Harry Potter in public, 50 Shades of Grey in private