☰
✕
UA RU EN

Peter Thiel Discusses the Slowdown in Technological Innovation, AI, and Western Challenges Facing 2026

Peter Thiel on slowing down technological progress Photo: ХВИЛЯ

A Conversation Between Matthias Döpfner and Peter Thiel

In September 2026, Matthias Döpfner sat down with entrepreneur and investor Peter Thiel to explore the trajectory of technological innovation, the rise of artificial intelligence (AI), political developments across the US, Europe, and globally, as well as the pressing challenges confronting Western nations, particularly Germany.

Thiel expressed concern that technological advancement in the West has been sluggish since the 1970s, especially in fields like physical sciences and engineering. While he acknowledged the internet's role as a major growth driver in the late 1990s, he argued it wasn’t sufficient to propel civilization into a significantly higher phase of development.

He sees AI as a potential game-changer, potentially eclipsing the internet's impact and accelerating economic growth. Though he judges the risk of AI spiraling out of control to be low, even a 5-10% chance is unsettling:

"I don’t know how to assign a probability to a scenario where a system far smarter than any human loses control. I don’t believe this is very likely. But even a 5 or 10 percent chance is troubling enough." Peter Thiel

Thiel also emphasized that effectively slowing down AI development would require a global government with real authority—something he considers improbable.

He highlighted that the United States currently leads AI development, with China rapidly closing the gap, while Europe lags behind. Referring to his involvement with Palantir, Thiel noted the company has boosted sales to corporate clients by leveraging AI, contrasting this with Europe’s hesitancy to adopt new technologies. "In Europe, this gap is still not fully felt, even within companies. There's a prevailing attitude to wait," he observed.

Political and Economic Hurdles Ahead

Thiel touched upon political issues, pointing out that democracies worldwide are under strain as extremist factions on both the right and left gain momentum. "Far-right and far-left parties will continue to attract support," he warned. He expressed concern that leaders consistently underestimate the scale of these challenges, noting that prolonged stagnation has exhausted societies and broken the promises made to future generations.

Reflecting on his political involvement, Thiel mentioned backing Donald Trump in the 2016 presidential election and supporting J.D. Vance’s 2022 Senate campaign. "I still stand with Vance, but I fear it will be difficult for any candidate to win," he said, estimating about a 50% chance for a democratic socialist victory in 2028.

On economic matters, Thiel referenced Argentina’s long-standing slow growth, partly due to the legacy of Peronism, as a cautionary example. He asked, "What lessons can Western countries learn from Argentina?" He stressed that Germany, in particular, must find a way to overcome its current difficulties. "It’s important to me that Germany discovers a path to change its situation," he stated.

Thiel also urged Europe to solidify its role as a dependable ally to the US in the strategic contest with China. Citing the Concorde as an example of a successful European project that outperformed American supersonic jets, he suggested that closer transatlantic cooperation would be mutually beneficial.

The discussion also ventured into life extension and biotechnology. Thiel expressed a strong belief in the desirability of 'immortality,' linking this view to Christian perspectives. "I genuinely consider eternal life desirable," he affirmed, identifying dementia as one of humanity’s most pressing medical challenges.

Overall, the dialogue between Döpfner and Thiel covered critical issues shaping today’s technological and political environment, as well as the hurdles Western countries must address going forward.

This conversation sheds light on urgent concerns regarding technological innovation, political shifts, and economic pressures that will influence the future of Western nations. Amid intensifying competition with China and internal political tensions, Thiel’s insights on the need for European innovation and the potential risks of AI development offer vital considerations for policymakers and strategists in the coming years.

As discussions around AI intensify, especially with the U.S. taking significant steps in this domain, it's crucial to consider the broader implications of such advancements. In light of Thiel's insights on the need for a coordinated global approach, the recent announcement regarding the formation of dedicated U.S. artificial intelligence forces highlights the urgency of these developments. For a deeper understanding of this strategic move and its potential impact, read more about Trump's plans for AI leadership.