Peter Thiel Quotes
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If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That's why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done.
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I had a good experience in college, but I don't think interdisciplinary education is something that's stressed very much at all. It's generally considered to be something of a bad idea.
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The model of the U.S. economy is that we are the country that does new things.
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The millennial generation in the US is the first that has reduced expectations from those of their parents. And I think there is something decadent and declinist about that.
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If you do something new, it will always look a little bit strange.
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Properly defined, a startup is the largest group of people you can convince of a plan to build a different future.
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I did not want to write just another business book.
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The future is limitless.
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Men and machines are good at different things. People form plans and make decisions in complicated situations. We are less good at making sense of enormous amounts of data. Computers are exactly the opposite: they excel at efficient data processing but struggle to make basic judgments that would be simple for any human.
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In Silicon Valley, I point out that many of the more successful entrepreneurs seem to be suffering from a mild form of Asperger's where it's like you're missing the imitation, socialization gene.
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People are spending way too much time thinking about climate change, way too little thinking about AI.
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Technology just means information technology.
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You don't want to just do 'me too' companies that are copying what others are doing.
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Most of 'big data' is a fraud because it is really 'dumb data.'
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I would consider myself a rather staunch libertarian.
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There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising.
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If you borrowed money and went to a college where the education didn't create any value, that is potentially a really big mistake.