Peter Thiel, Comic Book Hero

Great take from Ben Thompson:

The tech industry, like Thiel, is no underdog: it is the dominant economic force not just in the United States but in the entire world, both because of the wealth it creates, but especially because of the wealth it destroys. And, to quote another comic book figure, “With great power comes great responsibility”.

In this case, no matter how badly Thiel was personally hurt by Gawker, or how morally wrong their actions were, he is the one with far greater power, and the appropriate approach is not to leverage said power in an act of vigilantism, but to exercise the responsibility of defending the conditions that made his power possible to emerge, conditions that I believe are to the long-term benefit of everyone. That would be an approach worth applauding and emulating, not just because it’s the right thing to do, but because the freedom that made possible the tech industry that made Thiel rich depends on it.

Thursday, 26 May 2016