
1: Peter Thiel
The Portal
00:00
Is There a Power Law Dynamic in the United States?
Power laws, those distributions with very thick tails, where you have a small number of outliers that often dominate all other activity, are ubiquitous. Whether we like them or not, they seem to be present in our society. We just need more growth for the whole society, growth. A, you'll have a rising tide that lifts all bots. And so it's always, it's the stagnation is the problem. The challenges if we've geared our society saying that all that matters is education and a and ph ds then you're just going to have a society in which am there are lots of people playing video games and basements," he says.
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