Apple has had no major innovations since Steve Jobs. Google’s promises for progress are falling flat. Artificial intelligence needs to be a wake-up call for Silicon Valley. Those are the views of one of the most influential investors in the United States, which he shared with Handelsblattin an interview published March 20. Peter Thiel has been one of the engines for innovation in the U.S., but most recently, he made news for advising his Founders Fund to withdraw deposits from Silicon Valley Bank, which contributed to the bank’s collapse on March 10. This man’s powerful ideas and influence need to be watched closely.
Read more at “Peter Thiel’s Disillusionment With Silicon Valley”