alt Hacker NewsThiel, unlike many of these other figures, is genuinely insightful. He also has one of the best investment track records. And he knew to back Trump in 2016, not back him in 2020, back him in 2024. He's one of the rare "right-wing intellectuals" who's a genuine intellectual.
The core issue with him, in my view, is his openly anti-democratic views.
He identifies as a libertarian, yet finds democracy loathsome and either wants a monarch or finds it strategically useful to fund and support initiatives that increase the chance of there being increasingly monarchical leaders in places like the US. I don't think that is a moral ideology, and I also think it is generally not a good one for achieving positive outcomes for a majority of people.
There are genuine critiques of democracy and its tendency towards shallow populism ruling everything, but, as usual, the meme defense is the correct defense; it's better than alternatives, like permanent "rule by 'CEO-monarch'".
Imo, the right is experiencing an intellectual renaissance rn - but this is much more aligned w/ recovering normative morality, re-enchantment and multi-polarity than it is with the libertarian, anti-democracy strain of thought that you describe. I was stunned to find out that a friend was using the word "monarchy" in it's premodern sense, denoting distributism and strong practical limits to the enactment of power, which is totally opposite to how libertarians used the word. There's a lot going on that is interesting, useful and hopeful.
Thiel is very interesting, but not for good reasons. It's amazing to see someone who is simultaneously very proficient at what they do, yet also incredibly shallow, decorating himself w/ whatever bits of pieces of cultural material that allows him and others to confuse "good investment" with "good for people". Is it just me, or does this guy flake out entirely under pointed questioning?