Thiel is actually diametrically opposed to Tyler Cowen on one important point: He doesn't believe that the issue is at all that the low hanging fruit are gone.

Thiel is actually diametrically opposed to Tyler Cowen on one important point: He doesn't believe that the issue is at all that the low hanging fruit are gone. "I would argue that there was never any low-hanging fruit; it was always of intermediate height and the question was, were people reaching for it or not" - Peter Thiel http://www.technologyreview.com/qa/530901/technology-stalled-in-1970/ http://www.technologyreview.com/qa/530901/technology-stalled...