Peter Thiel, the founder of PayPal and an early investor in Facebook, strictly limits the time his kids can spend in front of a screen.
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Social media for thee, but not for me. Or my kids, says Peter Thiel.
During a conversation with journalist Andrew Ross Sorkin at the Aspen Ideas Festival in Colorado on Thursday, Thiel, the cofounder of PayPal and the first outside investor in Facebook, revealed that he doesn't like his kids spending too much time in front of screens during the week.
Sorkin asked Thiel about the recent announcement from US Surgeon General Vivek Murthy that his office would push for labels on social media platforms warning about the dangers they pose to children's health. Meta, Facebook's parent company, is also facing a lawsuit from 33 states that says Facebook and Instagram harm young people's mental health.
Thiel said it's "too easy" to turn Big Tech into a scapegoat for "all our problems." Still, he said there is an "interesting critique one could make" about the fact that many social media executives limit screen time for their kids.
Thiel said he allows his own children just an hour and a half of screen time a week. Thiel's children are young — 3 and 5 years old — so such a limit seems reasonable. But children are using the internet at increasingly younger ages, prompting concern about raising a generation of "iPad kids."
Thiel isn't the first tech leader to admit that they strictly limit their children's screen time. Snapchat CEO Evan Spiegel said he also limits his 8-year-old's screen time to one and a half hours a week.
Google CEO Sundar Pichai previously said he didn't give his middle-school-aged son a cellphone and that all televisions in his home are locked with an "activation energy" that makes watching TV not easily accessible.
