Scientific Progress Stagnated Since the 1970s, Thiel Argues
Jump to 2:56Peter Thiel contends that scientific progress in the "world of atoms," encompassing fields like physics, chemistry, and aerospace engineering, has significantly slowed or stopped since the 1970s. He identifies 1970 as a critical inflection point, after which innovation in these physical sciences plateaued compared to preceding decades. This stagnation contrasts sharply with the rapid advancements observed in the "world of bits," such as software and the internet, where progress has continued unabated. Thiel emphasizes the difficulty of comparing progress across diverse fields, acknowledging the complex measurement problems in evaluating breakthroughs in areas like AI versus the lack of progress in curing diseases like Alzheimer's.


