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Discussion: In Tech We Trust?

A "Z-pinch device" (uses an electrical current in the plasma to generate a magnetic field that compresses it) for break-even fusion by magnetically crushing preheated fuel with a metal liner. Credit: Sandia National Laboratories/Lockheed Martin Corporation/United States Department of Energy.

A “Z-pinch device” (uses an electrical current in the plasma to generate a magnetic field that compresses it) for break-even fusion by magnetically crushing preheated fuel with a metal liner. Credit: Sandia National Laboratories/Lockheed Martin Corporation/United States Department of Energy.

Hosted by the Milken Institute, speakers Marc Andreessen (Co-Founder and Partner, Andreessen Horowitz), Peter Thiel (Partner, Founders Fund)  and moderator Martin Giles (U.S. Technology Correspondent, The Economist) talks about technology as an ever important source for economic growth in the future.

Peter Thiel and Marc Andreessen are Silicon Valley luminaries, epic entrepreneurs and prominent financiers. Both have something to say about where high-tech is taking the world economy, and what is being left behind. Andreessen, co-developer of the first Web browser and now a top venture capitalist, expects software to automate and ultimately dominate most other industries. Thiel, a co-founder of PayPal and an early investor in Facebook, has written in depth about what he considers the stagnation of innovation in fields that others see as emblems of progress: energy, pharmaceuticals, space exploration, nanotech and much more. In fact, Thiel links the austerity gripping the Western world to productivity gains that never happened.

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