bits and atoms
Sep 24, 2023
Thiel innovation gap; atoms still has low-hanging fruit
Peter Thiel argues innovation has overly focused on digital tech (“bits”) not physical (“atoms”). Natural analogies suggest value in gradual physical progress:
- Evolution’s incremental physical adaptations.
- Animals’ fine-tuned physical abilities.
- Ecosystems’ balanced chemical/material exchanges.
Now that “software has eaten the world,” much digital low-hanging fruit picked. But hard physical tech challenges remain.
Nature offers abundant innovation in physical forms/functions. Though digital moves fast, patient physical progress still vital. Must balance dazzling software innovations with improving concrete reality of “atoms.”