Visionary:Peter Thiel

From AI Ideas Knowledge Base

Peter Thiel[edit]

Biography[edit]

Co-founder of PayPal and Palantir, venture capitalist, contrarian thinker.

Category[edit]

Venture Capitalist

Notable Quotes[edit]

On Productivity Paradox in Digital Age[edit]

"We wanted flying cars, instead we got 140 characters."[1]

On Network Effects and Platform Monopolies[edit]

"Competition is for losers. If you want to create and capture lasting value, look to build a monopoly."[2]

On Creative Destruction in AI Era[edit]

"Every moment in business happens only once. The next Bill Gates will not build an operating system."[3]

On Digital Currency and Monetary Policy[edit]

"Crypto is libertarian, AI is communist."[4]

On Innovation Cycles and Market Bubbles[edit]

"The most contrarian thing of all is not to oppose the crowd but to think for yourself."[5]

References[edit]

  1. Peter Thiel, Founders Fund Manifesto (2011), October 2011 Link
  2. Peter Thiel, Zero to One (2014), p. 34, Crown Business
  3. Peter Thiel, Zero to One (2014), p. 1, Crown Business
  4. Peter Thiel, Bitcoin 2022 Conference (2022), April 7, 2022, Miami
  5. Peter Thiel, Zero to One (2014), p. 22, Crown Business