I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.
Peter ThielIn the U.S., we fundamentally need to do new things, which I think is harder for the government to do. And moreover, it is not something our government actually is inclined to particularly do.
Peter ThielThe business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete. You want to create a monopoly. We want to invest in a company that has a good plan to create a monopoly.
Peter ThielYou 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 Thiel