Peter Thiel warns Australia’s mining, property focus is holding back tech

[1] PayPal co-founder and investment legend Peter Thiel has foretold that sooner or later, US will no longer dominate the global tech industry.

[2] Thus, he advised Australia to minimize its dependencies on mining and real estate.

[3] Mr. Thiel believes Australia is a great country but it just hasn’t taken advantage of these technological opportunities.

[Source] Australian Information Technology News – Peter Thiel warns Australia’s mining, property focus is holding back tech