The student questions are disappointing.
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Great conversation. One thing though: "if you have growth [through science and technology] you can solve all problems, but if you don't you can't solve any problems". The causality may be opposite: when you solve problems, you have growth in sci/tech. If you stop, growth stops.
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There is also a boomerang effect ( https://en.m.wikipedia.org/wiki/Boomerang_effect_(psychology) … ): Most of the time a solution to a problem creates several new ones (e.g. climate change)
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Peter Thiel. "Universities today are as corrupt as the Catholic Church was on the eve of the Protestant Reformation"
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Peter Thiel is one of the greatest thinkers alive.
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What are the top three reasons you're saying this?

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If stagnation is cultural, as Thiel suggests, why is it universal? Why isn't some risk-prone culture way ahead? SV is not that far ahead, and only in IT. I think GDP growth can be linked quite convincingly to energy intensity. 1970s is when the cheap oil myth died.
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Explosion of IT was a way to do more with less, instead of more with more. After 50 year hiatus, base energy availability is again improving in leaps and bounds, as silicon based energy crushes carbon. No reason to think energy costs won't fall 100x in 20 years. Exciting!
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For those who prefer reading, I transcribed it here.https://activationenergy.io/thiel/
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I heard it as “each take makes a difference”
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