Palantir is a fantastically straightforward example of how a country experiencing an era of averice quickly degrades in the quality of its leadership.
Karp and Thiel are examples of certain types of personalities that make their way into positions of influence where they start to expel toxic cultural pollutants responsible for an empire's decline.
More people need to realize the parasitic relationship the wealthy in America currently occupy.
I'm wondering which of the PayPal mafia or other billionaires best represent Marcus Licinius Crassus taking food out of poor people's mouths and abolishing the republic for authoritarianism/oligarchy.
At first this shtick of being an offensive irreverent leader was different and new. But when you let that become your entire life and your company’s identity, you risk losing everyone else. Palantir still doesn’t make sense as a company. It’s just a low tier software consultancy that has ties to the current administration to get overpriced contracts. And they’re willing to do all the evil dirty work others will not. So analysts are right to doubt their story. And it’s the job of the CEO to convince them with real information not insults.
It's also ironic for a self described "classic liberal" building a company which grows the power of the government instead of limiting it. Alex Karp must have deep cognitive dissonance and likely suffers for it.
Palantir itself is trading at an unjustifiable premium given their fundamentals. They P/E is north of 200x. It's forward guidance also doesn't justify their price imo.
So their beef with analysts is obvious since they have a huge risk to the downside in price. The recent pullback of around 21% is not sufficient in my opinion. Note this is not financial advice.
A huge portion of the "I'm a classical liberal" was always just a smokescreen. It was never an ideology for many of these folks. It was just a "more serious" mechanism of complaining about woke college students.
> It's also ironic for a self described "classic liberal" building a company which grows the power of the government instead of limiting it.
I think that he really does see himself as classic liberal in that he really does see government as "limiting" to people like him with things like regulation. Say what you will about the current administration, they're absolutely not going to regulate people who create wealth.
There's a divine right of kings element mixed in here. Thiel, Karp, Trump and the rest really do think that the order of the universe, or the will of a higher power, is putting them in a place to operate without limits. They see any sort of regulation of their behavior as an affront to the order of nature. That's why they consider themselves classically liberal. Ultimately, the little people - that's us - are being illiberal by electing governments that can do things like say "hey, maybe we don't put everyone under constant surveillance" that would both challenge their power and their profitability.
Karp in particular is just a physical avatar for Thiel (literally, imagine Thiel playing a WoW character called Alex Karp, probably a DH main). You see in the Epstein emails just who owns things, and people like Karp are just truly a virtual representation of an oligarch.
Almost like the thing they say is true, the devil is disguised, but quite apparent … almost brazen. Devil in disguise would be too simple of an explanation, but that is what it truly is.
Trippy times.
Edit:
But to echo the general sentiment, the “cool” super smart ceo shtick who says edgy capitalistic things was always a particularly obnoxious phenomena.
It makes perfect sense as a company. Low-tier software consultancy that has ties to the most powerful government in the world and can acquire lucrative contracts is an absolutely valid business model.
> And it’s the job of the CEO to convince them with real information not insults.
Why? What happens if the CEO doesn't take the high road? Is Trump going to say "your lack of decorum and decency has lost you the US government as a customer"? Hell no. He's the guy who kicked this sort of schtick off.
The job of the CEO is to create value for shareholders in any way possible. That's where it starts and stops. Right now there's a lot of money in creating a panopticon to be exploited by various governments and well-heeled elites. Karp does this. Therefore he is doing his job.
Is this the logical conclusion of everything people have been saying about reducing government regulation of business since the 1970s? Yeah, but the money was right, so we ignored them.
Has the quality of the ultra ultra rich decayed over time? It's hard to say, and of course common perception of the past is very skewed.
There were always monstrous leaders, and overall, cruelty and suffering in much of the developed world has decreased over time. But I can't think, through my biased filter, of historical ultra rich people who were less scheming for power and more for, well, evil.
I'm not picking specifically at Karp, or indeed calling him evil - I don't like Palantir but don't know enough about them to have an opinion. But I think most people wouldn't struggle to name a few very evil, very rich contemporary people.
It's easy to think of some ultra rich people from the past doing grand philanthropy - Carnegie, JP Morgan, Rockefeller. Recent era? All I can think of is Soros and Bill Gates (whatever the Epstein files say, and I admit I didn't look at the details, he is a bona fide philanthropist) and they're both getting old.
Certainly we are exposed more to the thoughts of billionaires (and they are exposed more to ours). This makes it way easier to observe them being monsters.
But I think there is something to be said for the rising power of the labor movement in the past. I'd wager that Rockefeller was more concerned about being murdered by workers than Zuckerberg. That could manifest both as violent crackdowns against labor but also as a need to appear benevolent to the masses.
Yep. Because their worth is tied to taking credit for other people's effort, except financialization, scalability, power law distribution, policy failures, and self-amplifying corruption make the inequality absurdly worse rewarding the wrong people while stealing healthcare, comfort, and dignity from many more.
And not just urinate on them but urine tainted with a deadly drug - he wants to kill people by pissing poison on them. Talk about a strange way of thinking.
Its not just analysts, its specifically "analysts who tried to screw [them]." He's trying to present himself as an enigmatic, "I'm so different!!" kind of CEO like Musk did in the 2010s. All he's actually doing is showing how much he despises the people who disagree with him.
Palantir is a fantastically straightforward example of how a country experiencing an era of averice quickly degrades in the quality of its leadership. Karp and Thiel are examples of certain types of personalities that make their way into positions of influence where they start to expel toxic cultural pollutants responsible for an empire's decline.
More people need to realize the parasitic relationship the wealthy in America currently occupy.
I'm wondering which of the PayPal mafia or other billionaires best represent Marcus Licinius Crassus taking food out of poor people's mouths and abolishing the republic for authoritarianism/oligarchy.
So glad this man is in charge of making The AI Surveillance State
At first this shtick of being an offensive irreverent leader was different and new. But when you let that become your entire life and your company’s identity, you risk losing everyone else. Palantir still doesn’t make sense as a company. It’s just a low tier software consultancy that has ties to the current administration to get overpriced contracts. And they’re willing to do all the evil dirty work others will not. So analysts are right to doubt their story. And it’s the job of the CEO to convince them with real information not insults.
But they have mid-tier AI and are willing to let it kill.
It's also ironic for a self described "classic liberal" building a company which grows the power of the government instead of limiting it. Alex Karp must have deep cognitive dissonance and likely suffers for it.
Palantir itself is trading at an unjustifiable premium given their fundamentals. They P/E is north of 200x. It's forward guidance also doesn't justify their price imo.
So their beef with analysts is obvious since they have a huge risk to the downside in price. The recent pullback of around 21% is not sufficient in my opinion. Note this is not financial advice.
A huge portion of the "I'm a classical liberal" was always just a smokescreen. It was never an ideology for many of these folks. It was just a "more serious" mechanism of complaining about woke college students.
> Alex Karp must have deep cognitive dissonance and likely suffers for it.
Or, he has no qualms about lying.
> It's also ironic for a self described "classic liberal" building a company which grows the power of the government instead of limiting it.
I think that he really does see himself as classic liberal in that he really does see government as "limiting" to people like him with things like regulation. Say what you will about the current administration, they're absolutely not going to regulate people who create wealth.
There's a divine right of kings element mixed in here. Thiel, Karp, Trump and the rest really do think that the order of the universe, or the will of a higher power, is putting them in a place to operate without limits. They see any sort of regulation of their behavior as an affront to the order of nature. That's why they consider themselves classically liberal. Ultimately, the little people - that's us - are being illiberal by electing governments that can do things like say "hey, maybe we don't put everyone under constant surveillance" that would both challenge their power and their profitability.
Karp in particular is just a physical avatar for Thiel (literally, imagine Thiel playing a WoW character called Alex Karp, probably a DH main). You see in the Epstein emails just who owns things, and people like Karp are just truly a virtual representation of an oligarch.
Almost like the thing they say is true, the devil is disguised, but quite apparent … almost brazen. Devil in disguise would be too simple of an explanation, but that is what it truly is.
Trippy times.
Edit:
But to echo the general sentiment, the “cool” super smart ceo shtick who says edgy capitalistic things was always a particularly obnoxious phenomena.
> Palantir still doesn’t make sense as a company.
It makes perfect sense as a company. Low-tier software consultancy that has ties to the most powerful government in the world and can acquire lucrative contracts is an absolutely valid business model.
> And it’s the job of the CEO to convince them with real information not insults.
Why? What happens if the CEO doesn't take the high road? Is Trump going to say "your lack of decorum and decency has lost you the US government as a customer"? Hell no. He's the guy who kicked this sort of schtick off.
The job of the CEO is to create value for shareholders in any way possible. That's where it starts and stops. Right now there's a lot of money in creating a panopticon to be exploited by various governments and well-heeled elites. Karp does this. Therefore he is doing his job.
Is this the logical conclusion of everything people have been saying about reducing government regulation of business since the 1970s? Yeah, but the money was right, so we ignored them.
He has said this before: https://finance.yahoo.com/news/palantir-ceo-makes-another-co...
It’s a weirdly specific thing to say multiple times.
Has the quality of the ultra ultra rich decayed over time? It's hard to say, and of course common perception of the past is very skewed.
There were always monstrous leaders, and overall, cruelty and suffering in much of the developed world has decreased over time. But I can't think, through my biased filter, of historical ultra rich people who were less scheming for power and more for, well, evil.
I'm not picking specifically at Karp, or indeed calling him evil - I don't like Palantir but don't know enough about them to have an opinion. But I think most people wouldn't struggle to name a few very evil, very rich contemporary people.
It's easy to think of some ultra rich people from the past doing grand philanthropy - Carnegie, JP Morgan, Rockefeller. Recent era? All I can think of is Soros and Bill Gates (whatever the Epstein files say, and I admit I didn't look at the details, he is a bona fide philanthropist) and they're both getting old.
Certainly we are exposed more to the thoughts of billionaires (and they are exposed more to ours). This makes it way easier to observe them being monsters.
But I think there is something to be said for the rising power of the labor movement in the past. I'd wager that Rockefeller was more concerned about being murdered by workers than Zuckerberg. That could manifest both as violent crackdowns against labor but also as a need to appear benevolent to the masses.
Yep. Because their worth is tied to taking credit for other people's effort, except financialization, scalability, power law distribution, policy failures, and self-amplifying corruption make the inequality absurdly worse rewarding the wrong people while stealing healthcare, comfort, and dignity from many more.
Based on his erratic public behavior I think the Palantir CEO is on meth.
Downvote? He wants to urinate on people. He's a creep.
And not just urinate on them but urine tainted with a deadly drug - he wants to kill people by pissing poison on them. Talk about a strange way of thinking.
Karp has also bought into the myth that fentanyl can be ingested by contact. It can't, unless it's been prepared as a patch, and those act slowly.
Its not just analysts, its specifically "analysts who tried to screw [them]." He's trying to present himself as an enigmatic, "I'm so different!!" kind of CEO like Musk did in the 2010s. All he's actually doing is showing how much he despises the people who disagree with him.
we used to have standards
[dead]
@dang why is this submission flagged?
Why do you think?
You don't know? Hey everybody this guy doesn't know he isn't allowed to...
LOL