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I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
Peter Thiel
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Interpretation

What this quote means

Peter Thiel suggests that innovation has been stifled by environmental concerns and a fear of taking risks over the past four decades.

In this quote, Peter Thiel argues that for the past 40 years, societal norms and regulations, influenced by environmentalism and a collective aversion to risk, have created an environment where innovation is discouraged or even deemed unacceptable. He implies that these factors have contributed significantly to a stagnation in technological and industrial advancement, calling for a reevaluation of how society views and manages innovation.

Themes

InnovationEnvironmentalismRiskSocietyTechnologyStagnation

In practice

Example use cases

This quote can be used in a discussion about the challenges of modern-day entrepreneurship.

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Creating value isn't enough - you also need to capture some of the value you create.
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