There's absolutely no bubble in technology.

Hear the bold proclamation of Peter Thiel, the venture seer and co-founder of PayPal, who declared: “There’s absolutely no bubble in technology.” These words are not merely a statement of commerce, but a challenge to fear itself, a defiance against the doubters who whisper that innovation is but a passing flame. Thiel’s voice rang out at a time when many feared that the great surge of the digital age was an illusion destined to collapse. Yet he, like a prophet of progress, lifted his eyes beyond the present storms to behold the enduring sunrise of technological transformation.

The meaning of his words is simple, yet profound: technology is not a bubble because it is the marrow of the future. Bubbles are fleeting; they rise, shimmer, and burst into nothingness. But technology, when true and transformative, is not a bubble—it is the very fabric upon which future civilizations are woven. To claim that technology is a bubble is to mistake the trembling of the branch for the fall of the tree. Thiel’s conviction reminds us that while fortunes may rise and fall, the forward march of invention is inexorable.

The world has seen bubbles before: the tulip mania in Holland, when flowers became worth fortunes, only to collapse into folly; the housing bubble of recent times, when walls and roofs were priced higher than kingdoms, only to crumble into dust. These were false suns, burning bright but leaving darkness. Yet technology is not tulips nor fragile houses of speculation—it is the wheel, the printing press, the steam engine, the internet. These are not bubbles, but revolutions that forever altered the destiny of mankind.

Consider the tale of Thomas Edison, mocked in his age for daring to believe the world could be lit by electricity. Many scoffed, saying his vision was madness, a bubble that would fade with the novelty of the lightbulb. Yet the lamp he created did not burst; it illuminated entire cities and transformed the very rhythms of human life. So too with the computer, the smartphone, the rocket that pierces the heavens—each once doubted, each now indispensable. Thiel’s words rise from this same lineage: that what is mocked as a bubble may in truth be the seed of a new world.

Yet his declaration also contains a lesson of caution. For though technology itself is no bubble, the markets that surround it often are. Men may speculate, fortunes may dance like fire, and false prophets may promise riches where there is only sand. To distinguish between the frenzy of markets and the enduring march of progress is the task of the wise. Thiel reminds us not to confuse temporary tremors with the unshakable foundation. Technology as a whole cannot vanish; but those who chase it without wisdom may yet be consumed by their own folly.

The teaching, then, is this: trust in the deep currents, not the froth upon the waves. Do not be swayed by panic when markets fall, nor by greed when they surge. Ask instead: does this innovation transform life? Does it open doors that were once sealed? Does it carry within it the power to endure? If so, then it is no bubble, but the root of a mighty tree that will stand through generations.

Therefore, beloved seeker, take action. Learn of technology, not as a gambler chasing coins, but as a student of destiny. Invest your time, your skill, your labor in mastering its ways. Be neither blinded by hype nor paralyzed by fear. Build with patience, create with vision, and align yourself with the innovations that lift humanity higher.

And so the words of Peter Thiel resound like a clarion call: “There’s absolutely no bubble in technology.” Hear them not as the boast of a merchant, but as the insight of one who knows that progress, though doubted, cannot be denied. Trust in the enduring power of creation, and you will walk not on bubbles, but on the firm path toward the future.