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? Itโs being used to throw angry birds at pigs; itโs being used to send pictures of your cat to people halfway around the world; itโs being used to check in as the virtual mayor of a virtual nowhere while youโre riding a subway from the nineteenth century.
Peter ThielBut the indeterminate future is somehow one in which probability and statistics are the dominant modality for making sense of the world. Bell curves and random walks define what the future is going to look like. The standard pedagogical argument is that high schools should get rid of calculus and replace it with statistics, which is really important and actually useful. There has been a powerful shift toward the idea that statistical ways of thinking are going to drive the future.
Peter ThielTwitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company โ probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that.
Peter ThielSuperior sales and distribution by itself can create a monopoly, even with no product differentiation. The converse is not true. No matter how strong your product-even if it easily fits into already established habits and anybody who tries it likes it immediately-you must still support it with a strong distribution plan.
Peter Thiel