We measure the importance of innovations by how much money people have made in them in a financialized world, and this leads us to ignore the microeconomics of importance; Albert Einstein got nothing for general relativity even though it may be more important than software
causalpending
Speaker
Peter ThielEvidence Quote
“we live in a financialized world and so we we measure the importance of things by how much money people have made in them um and we often ignore the microeconomics...if you're an Albert Einstein you come up with uh general relativity you don't get to be a billionaire you don't even get to be a millionaire”
Created: 8/13/2026, 9:55:39 AM
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