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Home » A.I., Mars and Immortality: Are We Dreaming Big Enough? – Peter Thiel (Transcript)

A.I., Mars and Immortality: Are We Dreaming Big Enough? – Peter Thiel (Transcript)

Read the full transcript of billionaire Peter Thiel’s interview on Interesting Times with Ross Douthat podcast titled “A.I., Mars and Immortality: Are We Dreaming Big Enough?”, June 26, 2025.

The Case for Technological Stagnation

ROSS DOUTHAT: Is Silicon Valley recklessly ambitious? What should we fear more, Armageddon or stagnation? Why is one of the world’s most successful investors worrying about the Antichrist?

My guest today is the co-founder of PayPal and Palantir and an early investor in the political careers of Donald Trump and J.D. Vance. Peter Thiel is the original tech right power player, well known for funding a range of conservative and simply contrarian ideas. But we’re going to talk about his own ideas because despite the slight handicap of being a billionaire, there’s a good case that he’s the most influential right wing intellectual of the last 20 years. Peter Thiel, welcome to Interesting Times.

PETER THIEL: Thanks for having me.

ROSS DOUTHAT: You’re very welcome. Thanks for being here. So I want to start by taking you back in time about 13 or 14 years. You wrote an essay for National Review, the conservative magazine called “The End of the Future.” And basically the argument in that essay was that the dynamic, fast-paced, ever-changing modern world was just not nearly as dynamic as people thought.

And that actually we entered a period of technological stagnation. That sort of digital life was a breakthrough, but not as big a breakthrough as people had hoped. And that sort of the world was kind of stuck, basically. And you weren’t the only person to make arguments like this, but it had a special potency coming from you because you were a Silicon Valley insider who had gotten rich in the digital revolution. So I’m curious, in 2025, right, do you think that diagnosis still holds?

PETER THIEL: Yes, I still broadly believe in the stagnation thesis.