Whether they publicly tout it or not, U.S. technology companies play a powerful role in politics, cultural issues and the way we live. Founder and investor Peter Thiel is one of the more visible and outspoken Silicon Valley figures. A member of the so-called "PayPal Mafia," a highly successful group of PayPal founders and employees, Thiel waded into the limelight in the lead-up to the 2016 election when he became an avid supporter and funder of the Trump campaign. While Trump and Thiel’s relationship has reportedly suffered since then, he explains in this interview at the 2024 Aspen Ideas Festival why he’ll likely still vote for Trump in 2024, but not donate to any campaigns. Co-anchor of CNBC’s “Squawk Box” Andrew Ross Sorkin presses Thiel on what another Trump presidency could mean for the country and democracy. Since this conversation was recorded on June 27, Trump selected Thiel’s mentee J.D. Vance as his vice presidential pick, and Thiel reportedly may be warming up to stronger support of the campaign. Sorkin also picks Thiel’s brain on the future of AI, cryptocurrency and cultural clashes in Silicon Valley and the tech world.

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