

541. Why We Stopped Progressing | Peter Thiel
876 snips Apr 24, 2025
Peter Thiel, billionaire investor and PayPal co-founder, discusses why he believes society's progress has stagnated since the moon landing. He highlights how fear, bureaucracy, and over-specialization have led to a culture less focused on innovation. Thiel examines the consequences of digital distractions and a decline in faith and meaning in public life. He critiques the current state of universities and culture wars, providing a thought-provoking perspective on the challenges the West faces and potential paths forward.
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Progress Shifted From Atoms to Bits
- Technological progress in the physical world has slowed significantly since around 1970.
- Most advancements have shifted to digital realms, leaving material innovation stagnant.
Cultural Shift Ended Space Age Progress
- The cultural shift post-1969 moved from outer exploration to inner focus, slowing scientific and technological progress.
- This transition coincided with the rise of digital distractions, psychedelics, and identity politics.
Fear and Risk Aversion Halt Progress
- Fear of dangerous science and its military uses has made society more cautious and risk-averse.
- This risk aversion has led to regulatory slowdowns especially in physical technological advancements.