A little more than a decade ago, Founders Fund, a venture capital firm run by the entrepreneur, investor, and political gadfly Peter Thiel, issued a proclamation called “What Happened to the Future?” As an investment thesis, it was underwhelming—it advanced biotechnology, energy, and the Internet as smart bets—but it was received as something of a spiritual treatise. Thiel was best known for his early investment in Facebook, but he believed that the nation had become sluggish. We might have been attempting to terraform nearby planets or surmount death. Instead, we made apps. His statement belonged to the genre of the writer F. T. Marinetti’s Futurist Manifesto of 1909, which proposed that Italy’s moribund museum culture be razed in favor of a machine cult of speed and steel: “We are going to be present at the birth of the centaur and we shall soon see the first angels fly! We must break down the gates oflife to test the bolts and the padlocks! Let us go! Here is the very first sunrise on earth!” Thiel, no poet, was punchier: “We wanted flying cars, instead we got 140 characters.”
This story is from the April 22 - 29, 2024 (Double Issue) edition of The New Yorker.
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This story is from the April 22 - 29, 2024 (Double Issue) edition of The New Yorker.
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