The Necessity of Innovation
"Every time we create something new, we go from 0 to 1." Peter Thiel emphasizes that True progress comes from creating new things rather than merely copying existing models. He argues that innovation is essential for future success, as it allows us to do more with less. Thiel uses the example of American companies, warning that without investing in new technologies, they will fail despite current profits. This idea underscores the necessity of innovation for distinguishing humans from other species and achieving long-term success.