People are worried about privacy, and its one of the reasons people are using a service like SnapChat.
— Peter Thiel
My only claim is that not all talented people should go to college and not all talented people should do the exact same thing.
Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.
People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.
In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
People always say you should live your life as if it were your last day. I think you should live your life as though it will go on for ever; that every day is so good that you don't want it to end.
Ideally, I want us to be working on things where if we're not working on them, they won't happen; companies where if we don't fund them they will not receive funding.
I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it's something you have to do around the clock, and that doesn't compute with our existing educational system.
I think it's a problem that we don't have more companies like Facebook. It shouldn't be the only company that's doing this well.
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.
It is true that you can say that death is natural, but it is also natural to fight death. But if you stand up and say this is a big problem, we should do something about this, that makes people very uncomfortable, because they've made their peace with death.
I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
