Forget Angry Birds - invent a better mousetrap: eBay co-founder

The world is failing to look beyond computing and software to broader practical applications, according to Peter Thiel, the co-founder of eBay, who sees the technology revolution as overrated.

“I don’t think the tech revolution that’s happening to date has been enough for the western world,” Thiel told a Credit Suisse Asian Investment Conference luncheon.

“It’s not been enough for the state of California,” Thiel added, referring to the state’s strength in new technologies, particularly software.

via Business feed http://www.scmp.com/business/companies/article/1194632/forget-angry-birds-invent-better-mousetrap-ebay-co-founder