Outspoken PayPal founder Peter Singer compared capitalism to libertarianism and artificial intelligence ( AI ) to communism during a public debate with Facebook founder Reid Hoffman at Stanford University 's Hoover Institute . Thiel – who was exploring the future of decentralisation and centralisation – added it was unsurprising " the Chinese Communist Party is democratic and loves AI " . In response , Hoffman said cryptos were anarchy while artificial intelligence was the rule of law .
Outspoken PayPal founder Peter Thiel compared cryptocurrencies to libertarianism and artificial intelligence (AI) to communism during a public debate with LinkedIn founder Reid Hoffman at Stanford University's Hoover Institute. Thiel – who was exploring the issues of decentralisation and centralisation – added it was unsurprising "the Chinese Communist Party hates crypto and loves AI". In response, Hoffman said cryptos were anarchy while artificial intelligence was the rule of law.