Peter Thiel is often quoted as having said many years ago that “We wanted flying cars, instead we got 140 characters” (as quoted in Lewis-Kraus 2024), a reference to the original limit to the length of a tweet on Twitter. The quotations below are all from the more recent Peter Thiel, who was having a conversation with NYT columnist Ross Douthat. He still believes that we are not boldly pursuing big goals, the only exception being A.I. Is the constraint that big goals are impossible to achieve, or do we lack people smart enough or motivated enough to pursue them, or do we regulate motivated smart people into discouraged despair?
(p. 9) One question we can frame is: Just how big a thing do I think A.I. is? And my stupid answer is: It’s more than a nothing burger, and it’s less than the total transformation of our society. My place holder is that it’s roughly on the scale of the internet in the late ’90s. I’m not sure it’s enough to really end the stagnation. It might be enough to create some great companies. And the internet added maybe a few percentage points to the G.D.P., maybe 1 percent to G.D.P. growth every year for 10, 15 years. It added some to productivity. So that’s roughly my place holder for A.I.
It’s the only thing we have. It’s a little bit unhealthy that it’s so unbalanced. This is the only thing we have. I’d like to have more multidimensional progress. I’d like us to be going to Mars. I’d like us to be having cures for dementia. If all we have is A.I., I will take it.
. . .
And so maybe the problems are unsolvable, which is the pessimistic view. Maybe there is no cure for dementia at all, and it’s a deeply unsolvable problem. There’s no cure for mortality. Maybe it’s an unsolvable problem.
Or maybe it’s these cultural things. So it’s not the individually smart person, but it’s how this fits into our society. Do we tolerate heterodox smart people? Maybe you need heterodox smart people to do crazy experiments.
. . .
I had a conversation with Elon a few weeks ago about this. He said we’re going to have a billion humanoid robots in the U.S. in 10 years. And I said: Well, if that’s true, you don’t need to worry about the budget deficits because we’re going to have so much growth, the growth will take care of this. And then — well, he’s still worried about the budget deficits. This doesn’t prove that he doesn’t believe in the billion robots, but it suggests that maybe he hasn’t thought it through or that he doesn’t think it’s going to be as transformative economically, or that there are big error bars around it. But yeah, there’s some way in which these things are not quite thought through.
For the full interview, see:
(Note: ellipses added.)
(Note: the online version of the interview has the date June 26, 2025, and has the title “Peter Thiel and the Antichrist.”)
Peter Thiel’s yearning many years ago for flying cars was quoted more recently in:
Lewis-Kraus, Gideon. “Flight of Fancy.” The New Yorker, April 22, 2024, 28-39.
