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> To paraphrase Peter Thiel, new technology is probably so fertile and productive simply because there are so few rules. It’s essentially illegal for you to bui
by chacha2 6y ago
> To paraphrase Peter Thiel, new technology is probably so fertile and productive simply because there are so few rules. It’s essentially illegal for you to build anything physical these days from a toothbrush (FDA regulates that) to a skyscraper, but there’s zero restriction on creating a website. Hence, that’s where all the value is today.
If websites are this man’s ideal, thank god for regulations.
- brutusborn 6y agoIt's inaccurate to say that websites are his ideal, just the first example in his book "Zero to One" of minimal regulation producing maximal innovation. If we didn't have as many regulations, his "ideal" would be innovation in something "better."