What I think Peter Thiel imagines is that Donald Trump has a policy, that Trump has an idea of what to do. haven't heard any of those ideas. All I hear is sloganeering, vitriol, personal attacks.

At Silicon Valley, I'm extremely sympathetic to the revolutionary response. I not only agree with it emotionally. I agree with it practically. And the only thing I disagree with is, I don't think Donald Trump is that. Trump is blow it up for no good reason at all. You want to actually do revolution with a target, with an idea, with building a new system.

I find that the interesting challenges, because there's obvious things where, you know, don't be unethical, don't be evil, you know, don't break the law, don't do immoral things, those are all straightforward and don't create ethical dilemmas. The thing that's interesting is when you actually have multiple interests at stake and you have to kind of navigate your way through it.

The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?

By 2030 over 2 billion jobs will disappear.

Trust and mutual value creation helps both employer and employee compete in the marketplace.

So usually you have to have product distribution as more fundamental than what the actual product is.