Peter Thiel Says America Has Bigger Problems Than Wokeness
May 3, 2023
01:20:43
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Quick takeaways
Thiel advocates shifting focus from culture wars to economic growth and tech innovation for political change.
Thiel criticizes Democrats as 'the evil party' and Republicans as 'the stupid party' due to their approaches.
Thiel highlights concerns with big tech companies and US dependency on China, pushing for change.
Deep dives
Peter Thiel's Influence in Silicon Valley and Politics
Peter Thiel, a prominent figure in modern Silicon Valley, has sparked mixed opinions due to his role in shutting down Gawker and his support for Donald Trump. Known for his involvement in founding PayPal, his investments in companies like Facebook, LinkedIn, Palantir, and SpaceX have made him a billionaire. Thiel's decision to back Trump in 2016 and his later shift away from supporting politicians reflect his contrarian stance in steering culture and politics.
Thiel's Critique on Government Stagnation and Cultural Distractions
Thiel criticizes the government for its stagnation and embrace of what he calls 'stupid wars.' He advocates for a focus on economic growth and tech innovation, shifting away from divisive cultural issues. His views challenge the conventional wisdom on Democrats and Republicans, labeling Democrats as 'the evil party' for centralizing control and pushing a 'homogenized groupthink,' while referring to Republicans as 'the stupid party,' presenting a weak resistance.
Challenges with Big Tech, China Competition, and US Dependency
Thiel highlights concerns with big tech companies like PayPal and Facebook, emphasizing the need for discussion even on contentious topics like the lab leak theory. He questions the shift towards a privatized social credit system within these companies and the impact of their decisions. Thiel also addresses the growing competition with China, expressing disappointment in the US's dependency on China and the lack of a unified response to the challenges posed by the country.
Stagnation in Progress on Major Fronts
The podcast explores the lack of progress in fields like nuclear engineering, Alzheimer's research, and societal advancements due to regulatory barriers. Notably, the Nuclear Regulatory Commission in the US hasn't greenlit a new nuclear reactor design in 50 years, posing a stagnation hindrance. The discussion delves into factors like excessive regulations, systemic education flaws, picking the lowest-hanging fruit, and the FDA's tight regulations hampering innovation.
Identity Politics and the Quest for Change
The episode debates the emergence of identity politics as a divergence from focusing on economic challenges, examining its history from racial quotas to the present woke culture. Aligning Marxist and libertarian perspectives, it highlights a shift from class-focused issues to divisive sub-identities. The narrative emphasizes the need for radical societal change beyond mere political reforms, touching on the complexities of societal improvement and the impacts of identity politics on reform versus revolution.
Peter Thiel doesn’t shy away from taking big bets. From Facebook (he was the company’s first outside investor) to Gawker (he successfully conspired to put the website out of business) and, of course, to Trump (he threw his support behind the nominee in 2016).
Unlike many in the Silicon Valley set, who often say the popular thing in public and the thing they actually believe behind closed doors, Thiel has used his voice and his fortune to steer the country in the direction he believes is right—despite tremendous blowback. That was true in last year’s midterms, when Thiel threw his support behind two anti-establishment Republican candidates: Arizona’s Blake Masters and Ohio’s JD Vance.
But the billionaire entrepreneur and investor tells me in this conversation that he’s changing course. When I asked him who he’d back in 2024, he demurred. He says he’s decided to step away from supporting select politicians and instead is urging the political right to shift its focus from the culture wars to issues he believes matters more: like economic growth and tech innovation.
We cover a lot in this conversation. Why does Thiel believe that Democrats are the evil party and Republicans are the stupid party? Why is our infrastructure so far behind other nations? And why are Americans so impressed by the apps on our phones instead of dreaming of the next Sputnik?
Also: A.I., China, TikTok, Twitter, the right way to defeat what Elon Musk musk calls the “woke mind virus” and what Thiel’s going to bet on next.