In his most recent book, Peter Thiel talks about secrets. Secrets in the sense of truths that have not yet been discovered that will help the human condition. These are secrets that, once discovered, will give a lucky researcher or entrepreneur the ability to capitalize on their secret.
It’s easy to believe that there are no more secrets in the world, that what we see and experience on a daily basis is about as good as it gets. But as Moore’s law (that processing power for the same price point doubles every 18 months) suggests, technology, and innovation as a result, will only increase at an exponential rate.
People who believe that there are no more secrets to be discovered find themselves in a fixed perspective when it comes to the world. They do not see how things can get better, and so they don’t try to improve them. Most people fall into this category, as they simply do as their told and build their life in the constructs of today and not for what the future will be.
Next, you find people who believe that society is not a static construct, and that innovation is happening incrementally. These people will generally look at the past, and linearly extrapolate what has happened in the past into what will happen in the future. These people usually will think in terms of how much improvement has happened between yesterday and today, and predict that tomorrow will increase the same amount.
Last, and most uncommon, you find the people who seem to be completely out of their mind, but these are the people who truly understand exponential thinking and looking to the future. These people understand that the future will be full of things that are completely unimaginable in the present, and that preparing for the future is not merely adding previous rates of change. These are the people that will dig for the secrets, and test what they hypothesize.
Think about this: how many people today sit around discussing the billion dollar ideas of the present, and dream about how they wish that they were the ones to have come up with these ideas? How many people look back at the markets 20 years ago and introspect on how easy it would have been to start a company at that time? Unfortunately, most people do this.
They do this in a way where they completely ignore the present, and the mass amount of secrets still yet to be uncovered. I bet that in 20 years people will be looking back at the 2010s as such an easy time to start companies and build their ideas.
Here’s a secret: there are still infinite amounts of secrets to uncover.