Thiel Talks

Innovation Or Stagnation? - Oxford Union Debate (May 2013)

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Jul 10, 2021
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INSIGHT

Nature of Inventions

  • Technological advancements have drastically changed, shifting from groundbreaking inventions to incremental improvements.
  • We are stuck with incremental inventions, hindering true progress.
ANECDOTE

Recent Inventions

  • Time Magazine's cited inventions in recent years include iPhones and iPads, alongside older technologies like rockets.
  • This highlights a focus on incremental improvements rather than groundbreaking inventions.
INSIGHT

Origin of Inventions

  • Many inventions, like mobile phones and the internet, have origins in earlier technological developments from the '50s, '60s, and '70s.
  • This suggests a slowdown in truly groundbreaking advancements.
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