Peter Thiel: What Happened to Innovation?
Peter Thiel is an American entrepreneur, hedge fund manager and venture capitalist. He is Clarium’s President and the Chairman of the firm’s investment committee, which oversees the firm’s research, investment, and trading strategies. Before starting Clarium, Peter served as Chairman and CEO of PayPal, an Internet company he co-founded in December 1998 and was acquired by eBay for $1.5 billion in October 2002.
Prior to founding PayPal, Peter ran Thiel Capital Management , the predecessor to Clarium, which started with $1 million under management in 1996. Peter began his financial career as a derivatives trader at CS Financial Products, after practicing securities law at Sullivan & Cromwell.
In addition to managing Clarium, Peter is active in a variety of philanthropic and educational pursuits; he sits on the Board of Directors of the Pacific Research Institute, the Board of Visitors of Stanford Law School, and is an adviser to the Singularity Institute for Artificial Intelligence. Peter received a BA in Philosophy from Stanford University and a JD from Stanford Law School. He is self-described libertarian and a minority investor in Big Think.
Peter Thiel delivers the keynote address at the 2012 Nantucket Project, arguing that the U.S, is resting on its laurels, and no longer innovating.
Does God exist? The answer rests outside the "normal" boundaries of science.
- Science is about natural law, while religion is about ethics. As long as you keep these two separate, Kaku says, there's no problem at all. Problems arise, however, when the natural sciences begin to "pontificate upon ethics" and when religious people begin to pontificate about natural law.
- Albert Einstein believed in the "god of Spinoza" — not a personal god, but one who has set order and harmony in the fabric of the universe. "You can put the laws of physics as we know them on a simple sheet of paper — amazing! It didn't have to be that way," says Kaku.
- The existence of God is not testable because such a review is not reproducible or falsifiable, as most scientific investigations are. In this sense, Kaku says the question and answer whether God exists rests outside the "normal" boundaries of science.
Scientists discover the inner workings of an effect that will lead to a new generation of devices.
- Researchers discover a method of extracting previously unavailable information from superconductors.
- The study builds on a 19th-century discovery by physicist Edward Hall.
- The research promises to lead to a new generation of semiconductor materials and devices.
A new immunotherapy treatment is showing positive signs in early-stage clinical trials.
- Clinical trials of an immunotherapy treatment for breast cancer showed positive signs, and the researchers hope to move to larger trials in coming years.
- Immunotherapies train the body's immune system to find and kill cancer cells without harming healthy cells.
- Recent trials of immunotherapies for other cancers have also showed positive signs.