Innovate Or Die

Garry Kasparov and Peter Thiel deliver an op-ed in the Financial Times:

We can now use our phones to send cute kitten photos around the world or watch episodes of The Jetsons while riding a century-old subway; we can programme software to simulate futuristic landscapes. But the actual landscape around us is almost identical to the 1960s. Our ability to do basic things such as protect ourselves from earthquakes and hurricanes, to travel and to extend our lifespans is barely increasing. […] The most innovative companies of the future will be private ones, which enjoy more freedom than governments or listed companies. They will have be able to invest in technologies too risky for politicians to endorse and too futuristic for venture capitalists to fund.

Felix Salmon, writing in Wired, dug heavily into the point about companies staying private and therefore controlling their own destiny. Interesting to see the point brought up again.