Peter Thiel spoke to a group of student entrepreneurs at Stanford and he was asked what he thought the U.S. government should be doing to spur innovation.
Predicting the future and influencing the future
Thiel responded “The U.S. government is socialism without the five-year plan. As a result, we have much worse outcomes than the Soviet Union in the 1950s.”
It is considered folly to think that humans can predict and influence the future. Both the right and the left believe that, although may have different opinions about who’s in control — God, free markets, psychology, fashion, or the environment, for instance.
He thinks that’s wrong — people can and should try to predict the future.
Forbes – The United States and the rest of the so-called developed world, Thiel argued, needs to get away from the idea that they’re mature societies, even ones in decline. Companies, and even countries need to get rid of the idea that they are done redefining themselves.
Defining technological progress as “doing more with less,” Thiel said the developing world needs continue creating wild new technologies for a resource constrained world. “Space, robotics, artificial intelligence, bio-informatics… there are an enormous range of possibilities people have not even scratched the surface on.”
One area in need of reinvention: education. Students are spending too much money to pursue credentials that are becoming less valuable. “I tend to think there is a bubble in education, I think it’s the only bubble that’s left,” Thiel said. “It has to involve something people pay too much for, and it has to be intensely believed in a way that’s almost psychosocial.”
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.