Peter Thiel’s Money Talks, in

artappraiser — Wed, 07 Mar 2018 23:53:04 +0000

In reply to Conservative Culture Warriors' New Enemy: Big Tech

Peter Thiel’s Money Talks, in Contentious Ways. But What Does He Say?

In a rare interview, the billionaire Facebook board member and Trump supporter shared his current take on politics, Silicon Valley and more after "a crazier two years than I would have thought."

By David Streitfeld @ NYTimes.com/Tech, March 7

Peter Thiel is Silicon Valley’s homegrown Cassandra. He warned for years that the big tech companies were arrogant and clueless and less good for mankind than they believed.

Comeuppance, the billionaire investor warned, was coming.

Trouble has now arrived. Unfortunately for Mr. Thiel, the storm is centered on Facebook, whose board he has been a member of practically since its founding. The social network, which billed itself as bringing democracy and enlightenment to the world, was used by the Russians to subvert democracy and sow confusion in the United States.

Even people paid to see the future didn’t see that one coming.

“The board’s role is to help think about some of the medium- and longer-term problems coming around the corner,” Mr. Thiel said. “We were far from perfect in doing that.”

Mr. Thiel, 50, is at the center of nearly every issue that roils Silicon Valley, ranging from the tech elite’s fascination with New Zealand hideaways (Mr. Thiel obtained New Zealand citizenship) to Bitcoin (he is a major investor) to the problems of herd thinking (he is moving from San Francisco to Los Angeles to escape it) to the evolving role of content on the internet (he has been exploring the creation of a media company that would outflank Breitbart and Fox for a younger audience) [.....]

dagblog - Comments for "Conservative Culture Warriors' New Enemy: Big Tech"

Peter Thiel’s Money Talks, in