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This is crazy! Peter Thiel spoke on March 15,2018 and said this about tech companies :"...If they do not take these issues seriously there is a risk they will
by bob_theslob646 9y ago
This is crazy! Peter Thiel spoke on March 15,2018 and said this about tech companies :"...If they do not take these issues seriously there is a risk they will be regulated.."
I have the video with the timestamp of the quote I mentioned, posted below.[1]
Ridiculously ironic on the timing of all this (evermore so that it is his darling Facebook) because I think this recent blunder by Facebook is a shot across the bow for other tech companies and even borderline bordering their "vessels" for search and seizure by the U.S government.
For those who do not know who he is.
> Thiel became Facebook's first outside investor when he acquired a 10.2% stake for $500,000 in August 2004. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors.
[https://en.wikipedia.org/wiki/Peter_Thiel https://en.wikipedia.org/wiki/Peter_Thiel]
[1][Tech investor Peter Thiel speaks at the New York Economic Club](https://youtu.be/sxWpvgTH9oI?t=33m52s https://youtu.be/sxWpvgTH9oI?t=33m52s)
- katastic 9y agoIs that why they hate Peter Thiel so much and try to smear him in the media? ala https://www.pastemagazine.com/articles/2016/06/peter-thiel-is-a-petty-vindictive-dangerous-human.html https://www.pastemagazine.com/articles/2016/06/peter-thiel-i... (Kind of strange how they can target a gay guy for getting mad at being outed by a media company. Victim blame much?) Meanwhile, he apparently called Uber "ethically challenged." So far, he's got 2 and 0 for good quotes. https://www.forbes.com/sites/richkarlgaard/2014/12/10/do-jerks-always-win/#4cbfed2c2325 https://www.forbes.com/sites/richkarlgaard/2014/12/10/do-jer...
- tinalumfoil 9y agoThis is a particularly thorny issue for Thiel who said Gawker "ruined people's lives for no reason" after being outed as gay. Despite his involvement in Facebook, I think he's one of the few powerful people in tech who cares about people's privacy.
- 9889095r3jh 9y agoIf he cared about my privacy, he wouldn't have invested in Facebook. He cares about his own privacy. FYIGM
- moate 9y agoDoes he though, or does he care about HIS privacy? I have no clue where he stands on the world at large based on his actions, just that he really didn't want to be outed (which is a reasonable request)
- toastking 9y agoKeep in mind he started Palintir. He doesn't actually care about privacy.
- deft 9y agoReally? I think he cared about himself with Gawker. Stop looking up to these people who consistently use you and apparently successfully trick you on their intentions.
- ionised 9y agoNobody involved in Palantir or Facebook gives a shit about anyone's privacy but their own.
- c_r_w 9y agoIt is crazy Thiel didn't see this years ago and say something then, when there was still a chance something could be done. Plenty of others did. Now, hopefully, it is too late for Facebook to escape regulation and, dare to dream, trust-busting.