November 29th, 2014
10:51 PM ET

Are we really living in innovative times?

Fareed speaks with Peter Thiel, a founder of PayPal, an early investor in Facebook, and author of Zero to One, about whether we are overestimating the level of innovation. Watch the full interview on a GPS special on innovation in America, this Sunday at 10 a.m. and 1 p.m. ET on CNN.

You've been writing for a while that you actually think we may not be living in as innovative times as everybody thinks we are.

Well, it's a two track story on innovation in the last three or four decades, where we've had enormous innovation in the world of computers, Internet, mobile Internet, the world of bits. We've had much less innovation in the world of atoms and energy and food technology, biotech, medicine, space travel, supersonic airplanes...

Right. Or even just airplanes. I mean if you think about it, it takes about the same amount of time to fly from Point A to Point B on the globe as it did five decades ago.

Yes, or probably even slower with the low tech airport security systems we have in place today. And so technology, the idea of technology, has been narrowed. And in many cases today, the word technology means simply information technology. And I do think it would be good for our world if we broadened this again and saw accelerating technological progress across all these frontiers.

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Topics: GPS Show

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soundoff (648 Responses)
  1. Patricia Rodriguez

    I'm a gay beautiful beauty queen.

    November 30, 2014 at 8:28 am |
  2. 9 yr old boy

    Lookit the fat people pretending they can invent a way to eat everything without ruining the entire planet. Too funny.

    November 30, 2014 at 8:35 am |
  3. Blue Saffron☼

    We must travel faster at supersonic speeds commercially. And of course cheaper. Here is why!

    I, for one, am of the stance that Modi will never be acceptable to the civilized world until and unless he surrenders to the International Court of Justice and faces trial on charges of genocide in Gujarat, India.

    So the sooner we drag him to a plane and quickly get him to The Hague the better.

    Point A to Point B. From Hell to a cell.
    He can enjoy the journey when he reaches there. In hell.

    November 30, 2014 at 8:42 am |
  4. chri§§y

    Defecating along train tracks is an Indian invention. Enjoying nature while relieving as train passengers watch is a win win for both.
    Who needs toilets.

    November 30, 2014 at 10:10 am |
  5. Philip

    "Low tech" airport security my ass. Today's airports are more secure than today's hospitals are. You are 10X more likely to get bilked by a drug money MD than you are attacked by an international terrorist. And that's just the way it is. So stfu.

    November 30, 2014 at 10:10 am |
    • NSA Spy on USA

      Scuze me? Airport security scans your eyeballs and knows who you are. "Low tech" airport security my ass.

      November 30, 2014 at 10:12 am |
    • banasy©

      Hey did they squeeze your bollz at airport.

      November 30, 2014 at 10:23 am |
      • Ahkmed the Terror Guy

        Nopeys. They scan eyeballz now you stupid female. 3 paces behind is the rule.

        November 30, 2014 at 11:26 am |
      • banasy©

        Of course that wasn't me who authored that, but of course you answered as if it was.

        Ignorant ass.

        November 30, 2014 at 11:39 am |
  6. Ahkmed the Terror Guy

    Oh! Maybe time for me to come back and take advantage of "low tech" airport security. Maybe even disguise myself as an illegal Mexican and walk instead of fly. 🙂

    November 30, 2014 at 10:14 am |
    • banasy©

      Yup they fingered my a zz during security check. I enjoy it

      November 30, 2014 at 10:24 am |
      • Ahkmed the Terror Guy

        They only fingered your ass in order to keep you from noticing your eyeballs being scanned you fat Chicago suburbanite libarian helper.

        November 30, 2014 at 11:29 am |
      • banasy©

        Are you really that dense that you actually thought that was me that wrote this post, Philip?

        Yes. Yes, you are.

        You are quite stupid, aren't you?

        Yes. Yes, you are.

        November 30, 2014 at 11:34 am |
  7. chri§§y

    10:10 is not me. I am busy going from point A to point B very very slowly. Ya know I p ee standing up. I enjoy seeing the stuff.

    November 30, 2014 at 10:14 am |
  8. Ahkmed the Terror Guy

    Is it just me or does it smell like turkey fat?

    November 30, 2014 at 10:14 am |
  9. chri§§y

    Both 10:10 and 10:14 are not my posts. I am busy s hitting on train tracks as the train stops and pax watch me. Namastay.
    Just slow and smell the roses. Or smell the s hit in my case.

    November 30, 2014 at 10:17 am |
    • Ahkmed the Terror Guy

      Oh. Am so glad is real @Chrissy? No! You people are ALL retarded.

      November 30, 2014 at 11:33 am |
      • banasy©

        You thought 10:24 was me, so you are just as moronic, you ignorant hyena.

        November 30, 2014 at 11:38 am |
      • Philip

        Hyena. I like that. All is forgiven.

        November 30, 2014 at 11:42 am |
      • banasy©

        I've done nothing to you to be forgiven for.

        The measure you give will be the measure you get.

        Remember that the next time you decide to try and insult me for absolutely no reason, when I haven't even addressed you.

        November 30, 2014 at 11:45 am |
  10. banasy©

    Chrissy you will get raiped s hitting on rail tracks. Come to me basement in Buffalo and s hit in my backyard. I have holes dug. I live in abandoned house.

    November 30, 2014 at 10:22 am |
    • banasy©

      Not I.

      November 30, 2014 at 11:40 am |
      • Old Lady no hair

        Nor I.

        November 30, 2014 at 11:43 am |
      • banasy©

        Looking in the mirror again?

        November 30, 2014 at 11:47 am |
      • Houston Control

        Ground control to major tom banasy. lol

        November 30, 2014 at 11:59 am |
      • banasy©


        November 30, 2014 at 12:16 pm |
  11. Eva

    I LOVE minds like Peter Thiel or Elon Musk, but every time somebody like this lady comes up and starts bubbling about how everybody is a genius, it is like a kick in the stomach. It is utter bull that this lady makes a great living off of.
    1. First, you must have an open mind
    2. Then you have to have a groundbreaking idea (hard part, but not hard if you did 1. well)
    3. Then go for it – in spite of people telling you you are crazy. (hard, but if you have the passion, you can do it)

    This lady has it all backwards. Being "crazy" alone will only result in garbage. Your idea must be exceptional.
    How do you know it is exceptional? Because YOU can't stop believing in it, even if you try, and others tell you it is nonsense. That's when you KNOW you have something big!

    November 30, 2014 at 11:02 am |
    • Eva

      Oh, I forgot. THE VERY FIRST STEP is to witness some expert or respected authority to be completely wrong about something important. It will make you lose your respect for authorities. Once you have realized that nobody is perfect, you will be able and willing to question anything. This is how you get the GREAT ideas, not by following others.

      November 30, 2014 at 11:11 am |
  12. Blue Saffron☼

    Metal rodding in India and TurDucEn in America are all innovations we should all be proud of.

    November 30, 2014 at 11:14 am |
  13. Lieutenant Rupert, United States Navy

    Stop the cra p! U bunch of hindu raypists from Pakistan. Or we will commence firing from the aircraft carrier.
    Now pack your Tiffin box and go back to the mountains.

    November 30, 2014 at 11:17 am |
  14. Blue Saffron☼


    Metal Rodding/Gang Raipes
    Human Sacrifices to clay gods
    Self immolation

    November 30, 2014 at 11:20 am |
  15. Blue Saffron☼

    Hanuman1 to Houston Control::: come in Houston do you read me? We have a problem Houston.... We can't find toilet on space ship.

    Houston Control::: we built hinddoou style model for you. Squat..... To s hitt

    Hanuman1:::: no gravity..... S hitt will fly on face:

    Houston Control::: contact Pyongyang to slow down engine.... So there is gravity.

    Hanuman1:::: 10/4

    K A B O O O M M M M M !!!!

    November 30, 2014 at 11:33 am |
  16. Ahkmed the Terror Guy

    You don't gots to have squat. You are an American after all.

    November 30, 2014 at 11:40 am |
  17. sally barenberg

    What happens to the 99% when the “drudge” jobs disappear? Even a creative entrepreneur needs his “day” job. All non IT research requires onerous timelines and unrealistic funding. This is the real “creative” problem that needs to be addressed!.

    November 30, 2014 at 11:43 am |
    • Philip

      omg sally why not scratch a dogs balls.

      November 30, 2014 at 11:48 am |
    • banasy©

      This is the result of I service-based economy instead of a manufacturing-based one, Sally.

      November 30, 2014 at 12:19 pm |
      • banasy©

        Of *a* service-based...


        November 30, 2014 at 12:27 pm |
  18. Philip

    Omg news blogs have become so retarded. Which is the opposite of Advanced, for you retards.

    November 30, 2014 at 11:46 am |
  19. Houston Control

    We tricked them into thinking the Space Shuttle Program would make it cheap for them to put cargo into outer space. We lied. The people believed our lies. Mission accomplished. The rest is all moonshine.

    November 30, 2014 at 11:51 am |
  20. Houston Control

    Lmao. Yes. We do have problems.

    November 30, 2014 at 11:52 am |
    • Dr. Phil

      Yes. The problems facing America range from drug addictions to outright abuse of pharmacy products.

      November 30, 2014 at 12:48 pm |
  21. Blue Saffron☼

    Houston...... We have a problem! I see cows on Mars.

    Ya i diot there ain't no critters there. You are over Chennai. Contact Pyongyang on missile malfunction. Parachute! Parachute!!!!!

    K A B O O M !!!!!

    November 30, 2014 at 11:57 am |
    • Dr. Phil

      Blue Saffron take 200mg Seroquel and call in AM.

      November 30, 2014 at 12:06 pm |
  22. Philip

    We are all sinners, banasy. You have got to be the most ignorant woman I've ever known. lol

    November 30, 2014 at 12:05 pm |
    • banasy©

      Your idea of a sin if breathing.

      You are an ignorant, monumental hypocrite.

      November 30, 2014 at 12:11 pm |
      • banasy©

        *IS breathing.

        November 30, 2014 at 12:15 pm |
      • Dr. Phil

        Take deep breathe and 50mg Xanax. Call me in AM. Next.

        November 30, 2014 at 12:50 pm |
      • banasy©

        Take deep breathe? Moron.


        November 30, 2014 at 12:55 pm |
      • banasy©

        "Take deep breathe"? Moron.


        November 30, 2014 at 12:56 pm |
      • banasy©

        Apologies for the double post to the moron.

        November 30, 2014 at 12:57 pm |
      • Philip

        Take Rosie O'Donnel strap on, rather.

        November 30, 2014 at 12:59 pm |
      • banasy©

        Have fun with that, Philip.

        November 30, 2014 at 1:18 pm |
      • Philip

        Stop implying that I would enjoy strap-ons, banasy. It simply isn't true.

        November 30, 2014 at 1:23 pm |
      • banasy©

        You are the one posting your fantasies.
        Why bring up Rosie O'Donnell and what you imagine her toys are, otherwise?

        November 30, 2014 at 1:33 pm |
  23. Philip

    So why is it called Chaz now?

    November 30, 2014 at 1:00 pm |
    • banasy©

      Ask your mother.

      November 30, 2014 at 1:20 pm |
    • Philip

      Or yours.

      November 30, 2014 at 1:21 pm |
      • banasy©

        I showed her your post, and she said, "that person isn't all....there, is he?"

        November 30, 2014 at 1:37 pm |
  24. Lieutenant Rupert, United States Navy

    Ok guys. Gonna watch "its a wonderful life"
    @Blue Saffron. You spin your little web mr saffron and u think the whole world revolves around u. Well it doesn't!

    November 30, 2014 at 1:12 pm |
  25. Lieutenant Rupert, United States Navy

    Philip vs banasy. Round 5 coming up.
    And there goes the bell.
    A right. And another right by banasy. Philip counters with a left hook...

    November 30, 2014 at 1:14 pm |
  26. chri§§y

    Lmao 50 mgs of xanax huh? Further proof that you dont know what the hell youre talking about!

    November 30, 2014 at 1:16 pm |
    • banasy©

      Tes, he just recommended that I OD and die, Chrissy.

      What a lovely gesture on his part, simply because he behaves like a 7th grade child, and operates at that level.

      November 30, 2014 at 1:30 pm |
  27. Austin Powers

    Oh do behave, you old hags.

    November 30, 2014 at 1:20 pm |
  28. chri§§y

    Lol @ rupert...and he falls on his face! Ding ding done!

    November 30, 2014 at 1:20 pm |
  29. Philip

    Yeah. Good a time as any to say gn to this place. Gn

    November 30, 2014 at 1:24 pm |
  30. chri§§y

    And these are the first posts ive made since 11:32 last nite!

    November 30, 2014 at 1:27 pm |
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