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THE INTELLECTUAL DARK WEB PODCAST (HOBBES + LOCKE + ROUSSEAU + US CONSTITUTION in ONE SINGLE BOOK)
Peter Thiel on the US Economy
Dec 22, 2023
Peter Thiel, an American entrepreneur, discusses the impact of automation on the US economy, the lack of real growth and the broken education system. He also explores the role of government policy, the public's perception of conservatism, and the importance of technology and competition. Thiel highlights the challenges faced by the American economy, emphasizing the need for innovation and education.
38:45
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Quick takeaways
- The US has fallen short of predicted technological growth and has faced increased global competition, leading to pressure and competition in the economy.
- Despite claims of wealth creation, per capita income in the US has not significantly increased since 1980, with families now relying on multiple incomes due to shifts in the job market.
Deep dives
The prediction of exponential growth in technology and its failure
The French book 'The American Challenge' predicted exponential growth in technology and a post-industrial society in the US with a per capita income of $7,500, shortened workweeks, and increased leisure time. However, actual progress has been slower than expected, with less technological growth and more global competition. This failure to meet expectations has led to increased pressure and competition in the US.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode