Peter Thiel | The Tech Curse | NatCon 3 Miami

Peter Thiel's keynote address at the Miami National Conservatism Conference on September 11, 2022.

[@bballsniper]

I gotta say as a center-left guy, I appreciate Thiel's perspective because he gives a different view of things that aren't just the same regurgitated talking points of the left and right. I think different thinking and original thoughts are very much needed today. And even if people don't necessarily agree with Thiel, I think it's valuable just to be able to entertain a different argument and interrupt/change our mental "tracks" rather than listen to the same songs over and over again.

[@ErikdaViking81]

I really wish he would write more books.

[@tommyt1785]

The way he framed the elites wanting homelessness, defund the police etc because it pushed up their home prices located in the areas away from all those issues was spot on.

[@kreek22]

I don't think they planned it. I think the fact that such problems don't impact the elite means that they won't bother to solve them.

[@cobrastriesand7693]

There’s a lot to hate about Bill DiBlasio, but at least he was aware enough their scam to keep trying to put the homeless in expensive hotels on the UWS, instead of trying to send them out to Queens, or some other, redder, more middle class part of NYC.

[@dadbod9776]

Ha! Causation huh? People made others lose their jobs o raise the value of their real estate portfolios. Riiiiiiight.

[@davidcopperfield2278]

whoowww, never thought about that

[@beksinski]

The idea that the housing crisis is somehow a partisan issue isn't supported by any of the available facts. It's fairly uniform from region to region. It tracks with practical things like which cities provide services to them and which places have favorable weather for living outdoors. If one party or the other had some unique solution we should see places with dominant red or blue influence showing some remarkable per capita difference. Either by city, state or county depending on which sort regulations we are considering. That doesn't bear out by survey.

[@MarkPetree]

Every time I listen to Peter Thiel I learn something new or have a new framework for viewing reality. It’s unfortunate that the smartest people in the world do not consistently publish content. I think I understand why: ideas and new ways of thinking take thought and study. New ways of looking at the world don’t happen overnight; they take thought and reflection. And I guess it makes it that much better when I see a new Peter Thiel video.

[@vimalcurio]

Ye 🙂

[@ginzo666]

A rich guy who doesn't want to pay taxes is new???

[@philippe8258]

good god, i wanna clean my ears from all the retardedness i was willing to listen to in the last 30 min.

[@Julio-vl5cx]

@@ginzo666 a rich guy who doesn’t want to hand out money to a dysfunctional government

[@ginzo666]

@@Julio-vl5cx A government so dysfunctional that he became a billionaire under it. lol

[@CognitiveInsurance]

Incredible how Peter has always a fresh point of view. He is not only intelligent but also extremely creative

[@Myrslokstok]

Brave!

[@hersheykiss9500]

he literally is the only one saying what he says as far as i know

[@500iq6foot8]

Peter is always a joy to listen to. His perspectives are already fresh

[@cbz3237]

Fresh out of the looney bin

[@larryleker6366]

Fresh? As in referencing Star Wars by comparing billionaires to the rebel alliance in his opening remarks? That may be nerdy but it's not fresh original or even remotely analogous. When someone sounds like an unhinged adolescent in the first sentence it usually doesn't get much better. Background check, please!

[@Motivation2Invest]

Peter Thiel is the filter for the noise of governments and technology

[@abhishekshandilya5644]

I love peter, man. he always comes up with great propositions. also, he's can be funny when he wants to. a brilliant man to hear from any day.

[@carlosdiaz3779]

Peter breaks things down so well and practically.

[@Leto2ndAtreides]

It is kinda funny how authority is often transferred. The wealth and nature of Tech is likely what makes California have the vibe of being the future. But that credibility is piggybacked on by politicians who aren't really suited to building or changing anything in a good way. They want comfort, but don't realize that comfort too must be earned.

[@NishanthSalahudeen]

Every single time, this man leaves me in awe. How does one acquire so much "uncommon sense"!

[@zedrockiby]

Probably just being really curious, questioning conventional wisdom, exploring strange ideas

[@NishanthSalahudeen]

@@zedrockiby asking good questions is the toughest part.

[@FainaruFurasshu]

asperger

[@ashwinv89]

I love him too. I've discovered that Rene Girard is a big source of influence on him. Don't get me wrong, he's still a genius, but if you read Girard enough you'll understand how that's his secret weapon. Intellectually speaking.

[@NishanthSalahudeen]

@@ashwinv89 thanks for sharing. Didnt know about him.

[@vetire4294]

he's spot on that the modern day conservative needs to have an actual message, rather than taking the opposite stance of the Californians.

[@cevahircuma2400]

Which is quite funny - because the only thing he says is "California is bad, but I don't present a single argument how to make it better!"

[@scottslotterbeck3796]

Yeah but doing everything opposite of California is not a bad strategy.

[@scottslotterbeck3796]

@@cevahircuma2400 this is not the summation of all of his thinking.

[@josephl9619]

Every now and then i come across a video like this and it reminds me why i used to enjoy youtube so much.

[@rebornkingofthule7067]

Oldy Enough 2 years ago when Kaiser was talking about trying to squish the silver market and then rehypothecating their way out of it. It got me thinking since they're clearly setting up an infinite fraction that's how they apply things like theta decay. What would happen if we did that to one a low float. And second a party that also has a bidspread in a trade that's treated like a ARB trade but really isn't and three dirty underhanded leverage deals like buying it in the private bond market while you pretend to bankrupt the equity. What if all the retail hopped on the other side of that trade like $AMPE ampio pharma worse it was a bad reputation so as soon as the price went up a little bit they would issue out way more short shares than it was sane. When you compound this with the fact that short selling now cost more money because of interest rates. You may have your circuit breaker you've been looking for Ampio pharma $AMPE

[@hstrinzel]

They DON'T have huge homeless crisis --- they have a GIGANTIC CAMPING SUCCESS STORY!

[@progressreason_1]

Great exchange of information and presentation. I did learn something. Thank you.

[@Ayo22210]

For housing, I think owning a studio, 1 bedroom, or 2 bedroom condo with a 1.5 car detached garage instead of leasing it is how you tackle the housing affordability crisis. Local governments don’t allow that to be built now. They city council will say it’s gotta be at least 3 bedroom and 1,500 square feet.

[@kreek22]

The solution: become a bugman.

[@bigshantolifting]

DEFUND HOA

[@patrickh9937]

The starter home has been replaced by the McMansion. And where small, affordable houses do exist, firms like Blackrock step in and buy them up for the future serfdom society they want to build.

[@ezyryder11]

Local governments allow condos all the time

[@rantg]

probably one of the smartest men on earth in the past 10 years.

[@EmptySpa_e]

I wish he would give talks more frequently

[@ratikantajena08]

One of the great entrepreneur in today's generation

[@jimmyconway3814]

california wont collapse as the federal govt has repeatedly demonstrated willingness to bail out irresponsible spenders, both public and private

[@CB-xf6jc]

But they cannot keep doing that, everytime you do it creates a bigger snowball that is coming to wreck cali.

[@ezyryder11]

California has had budget surpluses in recent years, paying down debts early, cash reserves are full of money to tide them through the next recession, and pays more in federal taxes than they receive in federal funding.

[@jassingh8204]

Love every video of Peter Thiel..True out of the box thinking..

[@christ.4977]

I never heard from him before, but he's spot on. It's time to move on and create a better future vision. Simply saying, "look how bad that side is," isn't enough.

[@rule1capital]

If this is your 1st time for Peter Thiel, this is truly the tip of the iceberg... enjoy tons of his past stuff on KZbin...

[@creatingreality291]

Have you ever heard of PayPal? Lol

[@sentilopis]

He’s the smarter one of the PayPal duo.

[@vimalcurio]

You never heard of Peter Thiel? Do you live under the rock lol?

[@heliocracy]

His mind is a pleasure to discover

[@UKtoUSABrit]

One very, very bright guy. We need more minds like his directly involved in making big nationwide and global policy decisions.

[@emreon3160]

Peter is a genius in my opinion.

[@SurpriseMeJT]

I love the quote he cites @10:28 from the year 1576. "Men of a fat and fertile soil are most commonly effeminate and cowards; whereas contrariwise a barren country make men temperate by necessity, and by consequence careful, vigilant and industrious." - Jean Bodin

[@123asdzxc7]

I see Peter Thiel, I click

[@blessedspear2642]

He's firing shots but still holding back. Incredible

[@ErnestoEduardoDobarganes]

Brilliant and Wise Peter !

[@amulpatel]

its simple. I see a new Peter Thiel content. I click ... immediately

[@sirhcffoh294]

Why aren’t more billionaires like Peter

[@SleepyPaul]

Plenty are. The problem is they aren’t as visible or as young

[@AnkushNarula]

Because most billionaires' understanding of power is crude or parochial.

[@fmalexander5555]

There are, Richard Heart

[@wurdofwizdumb1928]

There are tons, they just don’t talk in public, are unknown and operate quietly

[@uscbro69]

@@wurdofwizdumb1928 not even close to true. Poor ppl like to imagine that there’s an all powerful elite, but the truth is Peter stands atop them all.

[@missunique65]

"It's hard to articulate" boy that's a mouthful - he never got anything out!!!

[@waxcomb]

The Norway example in a oil rush analogy. Norway is an incredibly well functioning country with government workers making heaps of money. At the same time it's politically left. Doesn't this contradict his thesis? Please explain

[@friendlyone2706]

Norway provides some amazing benefits, but doesn't see itself as left.

[@officialdropnation]

💯

[@thisoldman99]

Hi, will the rest of this be posted in the future ? Thanks

[@bbsara0146]

Peter is able to see through all the BS in the country. I just wonder if he thinks the country is too far gone at this point

[@friendlyone2706]

If he did, he wouldn't bother speaking here.

[@flexmasterson4297]

We are individuals who value true diversity and believe the right of pursue life, liberty, and happiness free of tyranny of any kind from any group. Our value transcend identity politics.

[@willjames7119]

One of our very few best

[@jaredfrerichs8386]

Great video.

[@DeathZeroTolerance]

are the conferences about china posted?

[@omaha42000]

Peter Thiel is a national treasure. I don't share his "family values" and that is OK - we can differ on those points. The man isn't a smooth orator, but it is a mistake to ignore him.

[@phonkphonk]

Speaking of his oration, he's regressed over the years. The ideas and intellect are well in tact and he continues to fire on all cylinders however his speech has gotten worse. I hate to say it. I hope he's alright just one dude to another.

[@SleepyPaul]

@@phonkphonk bigger audience and more pressure. Not everyone is as capable as DeSantis

[@eelcohoogendoorn8044]

@@phonkphonk Dunno. I saw him speak 15 years ago and that day his oratory abilities were in the dump; much less smooth than this recording. Which kinda surprised me since thats not how I knew him from video. I think he just has up and down days in this regard.

[@PoliticalWeekly]

Isn’t he gay?

[@johnahooker]

His stuttering at times and not perfect speaking is easily forgotten about as soon as you hear several new ideas you’ve never heard. It might appear as if he’s fumbling but I think he’s purposefully recycling that idea from as many positions as possible before he makes exacting statements he knows people will take seriously.

[@maxsachdev9511]

Amazing man

[@61757]

Thiel 2024 call constitutional convention !!!!!!

[@typon1]

Hilarious how a billionaire refers to other people as "elites". I would like to sell this crowd the biggest bridge in existence.

[@MommaLousKitchen]

Sweaty and going 110 mph 🤣🤷🏻‍♀️

[@MommaLousKitchen]

MERICA.

[@TheJpwzrd]

Peter is amazing.

[@nathanngumi8467]

Word.

[@collinklein6947]

Thile quit funding Masters and JD Vance for some reason even though he helped them in the primary

[@Clyde.artwork]

My mba prof at UNC KF unequivocally "hates" PT. It's undoubtedly because he's an intelligent conservative.

[@cbz3237]

A rare sight these days

[@kreek22]

@@cbz3237 Not as rare as a sane Leftist.

[@DrRussPhd]

"Intelligent conservative" . . . LMAO . . . oxymoron if ever there was one.

[@Clyde.artwork]

@@DrRussPhd are you saying Peter isn't intelligent?

[@thisoldman99]

Universities have become insufferable and anti intellectual

[@rebornkingofthule7067]

Even when they say words like value agent they're talking about a specific form not what you read in the Webster's dictionary. Whenever you see a circular euphemism run

[@sandramelvin7123]

Bottom line is poverty for the majority. The only way to be middle class is to get a government job for the benefits and retirement. Everybody else, except a few people with professional licenses, is an impoverished serf. Just like every other Latin American country. We will be deset by an endless grind of taxation and inflation. Only the rich and government bureaucrats will have protection. Most will scrape by un the low wage service economy. The job in manufacturing, that actually created wealth, are long gone. The third world has an endless swarm of peasants to suppress wages. Other than a few glittering areas, the United States is turning into a shithole. Drive across it and take a look.

[@mika_chu]

I feel this same, and it scares me. Especially, I feel myself going to the lower level. But why isn’t the course rather on improving things in life. To improving manufacturing technologies. To making it better by automation routine and hard work. Like there’s too much to do. Improve the architecture, surroundings. To free up space for more free time, creativity and art. Also, I imagined that economics as well can go more to local craftmanship. For ex., when clothes, furniture, cookware and many more things are mostly produced by local designers, craftsman. I don’t understand why this have to go the bad way. Why is someone leading the world this way. 😢 . By diversity in life, life would be much brighter and interesting for everyone. Many more unique things would come to life.

[@harrison6082]

14:26 Oh I get it. He's saying that since there are homeless people in the less nice parts of town, This causes people to want to move to the nicer parts of town more where there aren't any homeless people. This raises the values of the houses in the nicer parts of town. So, they want the houses in the better parts of town because there aren't homeless people there, which raises the value of these houses. Thats crazy

[@morecowbell235]

You cannot cherry pick macro statistical data and then try to prove the point he is making @ 9:00 When comparing earnings across government and private sections, you need to match their responsibilities as close as possible to get usable data. i.e. IT Manager local Government office vs. IT Manager local private sector office. Another thing you need to look at closely, is "compensation". That is not just salary. If we looked at salary of private and public sectors, I can promise you that the CA Government guy is not making more - I know because I work in the industry.

[@kreek22]

Only in Cali can you get rich as a prison guard. Luckily, they have all that tech monopoly money stolen from the rest of the world to pay for such luxuries.

[@paulvarjak7378]

Would you care to provide some type of reference or source showing information that would back your claim of his numbers being 'cherry picked'? Your claim and 'promise' is a sample size of one and goes against all the data that comes up on the searches that I made.

[@morecowbell235]

@@paulvarjak7378 I'm basing my statement on my +20 years of experience in both private and public sectors in CA. The key here is to separate the data he is using. I would add, he provides no reference for the data he gives. His graph says total compensation, not salary. We need to break this macro data apart and look at specifics, to have a clear picture.

[@felix2341]

He mentioned compensation, and state it how it exacerbates the issue further pushing government public sector job earnings to almost double that of the private sector

[@cevahircuma2400]

@@paulvarjak7378 His Data is super Cherry picked and without any reference as well.....apart from being the only (!) reason presented why California has failed as a state....

[@bbqnice1]

Houston is still affordable despite the great success in its top industry in recent years. reduce minimum lot sizes, reduce parking requirements so we can build a lot more homes!

[@kreek22]

Go full bugman.

[@HondoTrailside]

Comparing California productivity to other (nation) states is difficult because so much of the wealth is captured by so few people. Then if you in addition squander what remains on over-priced products and people, it isn't functioning like the comparable states. The idea they got all the growth when so much is recycled into "Wahhabism" and exporting the insanity doesn't help either.

[@InvestingCatalysts]

Peter spent over a half hour to say California is bad and that he doesn't like it. Someone with a smaller ego could have done that in about 5 minutes. Too bad he didn't offer a plan or options to do better - How hard would it be to say "less and smaller government, more liberty and more freedom". Glad he can afford to pay fanboys for his contributions. That's 38 minutes of my life I wish I had back.

[@parmenidesofelea9092]

Perhaps his greatest speech to date

[@selfemerging3194]

Dad Joke: Why don't tv stations make campaign websites?

[@thecookiechannel7083]

Where did he get the info on gov workers vs private sector workers. Most gov workers make less than private sector workers.

[@japossert]

So I understand this whole speech within the context of the housing crisis as a political issue.

[@inkgun3993]

Peter's Epic California Roast!!!!

[@imrana0520]

His omissions are telling. He references how CA is a plus 30Dem state but fails to mention the myriad plus 30R states or deep dive into whether they contribute anything worthwhile. As he says at the start, CA has delivered a ton of real value to this country and no +30R state can point to anything remotely comparable. Also, he has a clear west coast bias, and doesn’t understand that DEMs are WAY more diverse than Rs. Republicans in senate and congress followed McConnell like a homogenous glob during Obama’s tenure whereas Dems can’t unite their elected representatives (because they’re diverse in perspective). Good framework from Thiel, but very selective and many omissions that say more than his talk does

[@Barubindc]

He knows this

[@MrHamncheez]

dude predicted the "huge red ripple" two months early

[@doomshallot4203]

PALANTIR TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!!!!!!!!!!!!!!!!!!

[@johnslagboom1836]

Affluence always has a corrupting effect! The Golden Goose of CA real estate cannot last much longer, that is for sure!

[@friendlyone2706]

Incoming Asians with money are the ones supporting California's high real estate prices. When they discover why Californians are leaving the state, they just might skip the coastal stage, jump over California, Oregon & Washington, and buy land & businesses in middle America. That happens, it will be even harder to rent a moving van to leave California.

[@jackgoldman1]

A uniter knows what we need and have in common. A divider knows what we want and what our differences are. What do humans have in common? What are our needs? That is what we should focus on.

[@jackgoldman1]

How can any nation, let alone empire, stand on false weights and measures? The unsecured debt note IOU is a dishonest measure and will cause the fall of nations who use it to excess. We need honesty, not lies or social political agendas.

[@fantastikfanatic1900]

Basically Ontario. Canada.

[@julianjdogg]

Interesting he refers to Trump as President Trump

[@kreek22]

Accurate.

[@cristianst85]

It's customary to address someone who once was the country's president with the title of "President" or "Mr. President" even when he's not the acting president of the country anymore.

[@Grahamjs70]

The Bay Area is not California....

[@sandeepvk]

What is he actually saying?

[@YTSylantys]

California bad yet other places like Florida or Texas have rising house prices

[@berliangur]

Clickbaited by reading as "Tech Course from Peter Thiel"

[@bellabella9181]

He is very good at pointing out problems like affordable housing BUT not willing to invest in solutions which he could afford to do. He’s rather accrue power by trying to buy senate seats. He didn’t offer ONE solution in this talk did he? He is building himself an underground bunker style house in New Zealand, because it’s been proven the safest country from climate changes & natural disasters.

[@fmalexander5555]

Peter, Stake HEX 💎💎💎 Learn from Richard Heart ❤ 💙 💜

[@Krath1988]

I really wanna know what supplements he takes..

[@thegodhead]

Stem cells

[@samg2320]

he takes blood from young healthy men. not a joke.

[@ericmotocross]

Adrenochrome

[@amishbpatelify]

Im glad peter thiel has fuck you money; he tells the truth it is refreshing to see a billionaire tell the truth

[@lovehalfblack9420]

No real solutions offered.

[@jamesjensen5000]

Water is the limiting resource

[@NAUM1]

Could the tech curse be true of other industries? Look at the Rust Belt and manufacturing or specifically the auto industry and Detroit. Not sure if agriculture would work in that. What about tourism?

[@friendlyone2706]

Due North of the Rust Belt, same businesses were thriving in Canada. Less corruption.

[@NAUM1]

@@friendlyone2706 That's a great point!

[@shauryaseth8859]

All signal, no noise

[@kurdi98k]

Florida now costs like Cali. DeSantis won't talk about it. Time to go back?

[@friendlyone2706]

Too many Californians willing to pay too much. To quote a word I first read in The National Geographic: Florida is being Californicated. Horrible disease. Sometimes lethal.

[@samg2320]

He got a bloodboy under the podium

[@mfpears]

Software is eating the world. If you measure prosperity by how well people are able to get what they want, IT has deserved such economic attention.

[@mayetesla]

Maye the force

[@fantastikfanatic1900]

The new Michigan.

[@remixisthis]

I think he’s naive in assuming democrats and republicans are both not corrupt. In Miami, Suarez joined a private equity real estate company and when asked about affordable housing said that you can ask your employer for a raise or find a better job. Wokeness and all these other cultural terms are tools both sides use to make people think they’re fundamentally different, when it’s just deciding between Coke and Pepsi

[@strnbrg59]

If tech is a curse then so is every other successful industry. Was the automobile a curse for Detroit? Is Hollywood a curse for LA? Finance for NY?

[@kreek22]

Your analogies fail hard. Tech is a mindcontrol nightmare--unless you are the deep state. For the deep state it is the perfect tool of totalizing control.

[@kitsapkatt]

Love his insights though I wish his public speaking were more polished..

[@beksinski]

I don't remember Obi Wan Kenobi referring to women as fat pigs or telling African Americans to go back to their own country. Kind of a stretch with that one.

[@ethanz3837]

I hope Newsom gets the Dem Nom. Anybody else would be too depressing for me. Newsom vs DeSantis would be excellent. Or Newsom vs any competent GOP. Even Newsom v Trump would be ok.

[@whiskeycalculus]

Peter is the 🐐. All hail philosopher king 👑 Thiel. That said, I enjoyed 'limits to growth'

[@61757]

Constitutional convention peter Thiel 2024, the true heir of the RNC

[@DrRussPhd]

Move to Hungary with the rest of the right wing White Nationalists, you will feel right at home there.

[@rebornkingofthule7067]

What are you talking about doing new in real estate you already talking about track and Trace from womb to tomb and everything happened to be a cost offset are you going to charge them to toast there bread in the morning??

[@rebornkingofthule7067]

Make our children get spinal taps to feed your pluripotent stem cell markets And even when you give up we give you their literal blood and their future and their brains you still push race politics and other b******

[@islaadele1212]

Love Peter, but he needs a larger glass of water.

[@asurolearn1263]

36:35 Saudi and California

[@larrydougdios]

Peter Thiel endorsed Donald Trump, let's not forget that!

[@DrRussPhd]

The ultra rich always endorse Right Wing fascists, they did it in Germany in the 1930's.

[@vinaynk]

Rich countries "spent" too much of their intelligent people.

[@jamesshields9079]

This man is so thoughtful.

[@alanchapman2782]

Peter Thiel, is a naturalized NZ citizen. He has a bolt hole, which shows real loyalty to the U.S. when he swore fealty to NZ. Which country does he give his allegiance to? If it is not NZ then he lied to become a citizen, if it is NZ, is he looking after U.S. interests?

[@julianjdogg]

Who gives a f about which flag you are loyal to.

[@kxkxkxkx]

@@julianjdogg Patriots 🇺🇸

[@julianjdogg]

@@kxkxkxkx What does that flag stand for? Gay rights? Vaccinating kids? Face it, it's over. Nation states make little sense nowadays. We moving onto better things now.

[@kxkxkxkx]

@@julianjdogg good luck with that 🗽

[@kreek22]

What is a US interest? What the ruling class says? Was it a US interest to send the Marines into Vietnam back in 1965? How about when Wall Street pays for Biden to become pseudo-president? Or maybe it's when the Israel lobby gets a war out of the fake Republican Bush?

[@jamesjensen5000]

Republican goal for America… “Health”.

[@rebornkingofthule7067]

Peter is the best of the worst I must admit at least I believe him when he talks about the MBTA for example