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Quote by Peter Thiel

“In the developed world, technological progress means that you can have a situation where there's growth, where there's a way in which everybody can be better off over time.”

Quote by Peter Thiel

Author

Peter Thiel is a prominent entrepreneur and venture capitalist, co-founder of PayPal, and a key figure in the tech industry. He is known for his early investment in Facebook and his role in shaping the modern venture capital landscape. more

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“If you have technological progress, that will encourage more capitalist system. On the other hand, if you don't, if things are stalled, you end up with much more of a zero sum type thing, where there's no progress and basically everybody's gain is somebody else's loss.”

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“Once I was in college, I was actually trying to write a comedy screenplay and I wrote basically the worst movie ever and just threw it away and never showed anybody. Everyone needs to get that first bad screenplay out of your system before you start writing other stuff.”

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“Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.”

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“I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.”

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