I think the CIA and major banks ARE "institutional power". I think your viewpoint is a little lagging (which is fine, it's a lot to take in).

It's a reputation destroying tool.

It's advertised job does not matter if it can do it's really job... If you understand it's real job, why are pretending it has to achieve anything else to continue existing?

Extortion, control of narrative, politic construction and destruction. That's power.

So like I've been suggesting, your optimism seems misguided.

The whole Tech VC model is to fund things for decades until they've captured the market (and killed the competition)... But in this case we're talking the complete capture of dissent. I believe the situation is far worse than you're allowing yourself to see.

It doesn't matter if it can't do it's advertised job, it will still be fully funded (by investor money) for decades and escalating it's stock price, not to mention destroying the world in a very socially violent, politically suicidal way.

Which is the point: Peter Thiel is part of a xenophobic Catholic cult (based on the works of Rene Girad), called the "The rad trads". They believe causing an apocalypse will bring back Jesus Christ.

I'm not joking. This is a Hitler type situation. Many many people are likely to die.

P.S Thiel was raised in Swakopmund, South Africa, a Nazi town that praised Hitler.