AI's Boom Refutes Tech Stagnation: Capital Compounding Pays Off
generativist · x · 2026-08-10
The author argues against Peter Thiel's "tech stagnation" doomerism, asserting that the current AI trajectory definitively buries that theory.
He points out that while massive capital previously flowed into areas like internet apps or crypto, it actually built a robust foundation with compounding effects. Now, this technological capacity is spilling over into the physical world (atoms) with impressive speed. In retrospect, the heavy capital dumping into tech was a highly worthwhile investment rather than squandered resources.
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