Peter Thiel on Progress and Stagnation
I disagree with Thiel on almost every page on this document. And I don&#x27;t know which topic to really critise. Like his view on regulation, which he calls a burden. I don&#x27;t want to live in a world w&#x2F;o regulations, I want to know what is in my food, I want to know that the devices I use are safe. We could see what happens, when regulation fails, when two 737MAX crashed due to the fact that Boeing was able to hide MCAS from the FAA and the FAA let Boeing go forward with the plane.<p>At one point Thiel is quoted with &quot;The public transportation systems don’t work.&quot; Which is a bold and false statement, because public transportation can work extremely well. And in the source they don&#x27;t even talk about public transportation but about Uber, which I think is a failure and pointless and not really innovative at all. Services like Uber existed long before Uber, Uber just put an app on it instead of a phone call. Also Thiel complaints about parking. That he can&#x27;t think of any other modes of mobility than a car, it rather telling.<p>His definition of progress and innovation is not technical or defined by quality of life but merely what he as an investor can earn money from it. This is very visible when Thiel dismisses incremental progress with wind turbines and photovoltaic cells.