“Where’s my flying car?” quickly caught on as a meme in Silicon Valley and beyond. For Thiel, one culprit was obvious: regulators. In a contentious debate, he told Eric Schmidt, then the executive chairman of Google, that Schmidt was doing “a fantastic job as Google’s minister of propaganda,” but that the company had capitulated to an ethos of caution. “We’ve basically outlawed everything having to do with the world of stuff, and the only thing you’re allowed to do is in the world of bits,” he... Read this story
