Palantir CEO: Not Sure We Should Sell Our AI to Some Clients
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- čas přidán 31. 05. 2023
- Palantir CEO Alex Karp sits down with Bloomberg's Ed Ludlow to discuss all things AI, why he is unsure the company should be selling their technology to some of their clients due to national security, and why he thinks the world is hungry for AI.
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"it's so powerful we shouldn't sell it to some people".
What a salesman.
It’s that dangerous and he’s admitting it. They’re going to pick winners and losers.
@Ying Chingchong foh
Alex is brutally honest. Not like 99 percent of the other CEOs out there. I have mad respect for him.
hes not a salesman though
He is a good salesman, he would not sell it to adversaries, did you not hear the interview?
He is getting better at interviews. Happy to see that. 😊
The way he talks “it’s complete BS” 😂
Ed did a great job here, pressing Karp so the audience/investors can understand the basics - excitement needs to be quantifiable
"These experts make things up"... A good way to call them liars. That statement was hilarious at the very least
Call him liars you do not understand the business, search find. May be you change your opinion, I will not persuade anyone :)
Well, it resonated with me. Market and industry research is based on models and those models will always be wrong. The people doing the real work are the ones building and selling the product - the ones that analyze can afford to spew bullshit. It's like the difference between LeBron James and Stephen A Smith
@@elliott73072 no, its clear he is just trying to cover his back or is simply a dismissive idiot. We ALL should listen to the experts, not the salesmen who are directly invested in selling things to people.
no, its clear he is just trying to cover his back or is simply a dismissive idiot. We ALL should listen to the experts, not the salesmen who are directly invested in selling things to people.
Everything Karp said can be boiled down to this, “expect dynamic change to your life as you age out of the shrinking work force.”
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
@Abigail Prewitt Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years.
@Abigail Prewitt Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
He's excited in his recent interviews. Business must be booming.
I've been watching his interview since early 2021, and his interview skill is getting better.
it's Ludlow... Ed sets up the rapport and guests follow his cue... great host
He is the perfect person for the task
"The experts make stuff up" - love it
I worked at a bank, it's true. All the forecasts are just best guess based on talking to various industry experts
Excellent interview. Mr. Alex Karp is very impressive CEO.
A CEO to watch, he is either the biggest fraudster in the world or he's one of the smartest CEO's on earth.
It's the latter. I remember when people said Elon was crazy.
@@AG-hl1ni The bonus this guy already looks crazy
He says not even sure if he should sell to some of his clients, BS! If his tech is out there, it's out there. Guy sounds like a used cars salesman right now.
@@rayutwenty-four6753 They don't do business with Russia or China, amongst others.
Highly agreed, hard to tell
Every time this man speaks, humanity evolves in the way that Robert Kennedy used to say we were reluctant to do.
inflation is so high that even a CEO can not afford a decent haircut before an interview
Better, he so busy working that he doesn’t have time to waste on vanities.
Palantir is our version of Skynet
When a robot dog bites your rear, that will inspire poetry, too.
The bearcave is a know nothing low level substack written by a trader in his 20's i'm surprised they even referenced that article lol
Yeah. He doesn't work at the company, he's not used any Palantir software, but he knows that Palantir is a fake AI company. So fake that Cisco and other big clients are using them and Palantir is proving they work. Too funny
Bear Boy was exposed as a troll when he couldn’t explain any of the AI terminology such as generative AI or ontology.
Palantir will rule AI for business. That is a fact.
Palantir is used for government spying on other countries AND its own citizens. A.I. is just going to make it easier for them to spy on you! Idiots
Cat's out of the bag, little chance of that now that open source communities are running with it.
Only if you can dish out millions of dollar. Even then Palantir only offers a platform where an AI program or LLM can be installed and executed.
In a bigger context of AI, we are just going to see AI's and language models compete against each other at the expense of humanity...
If you're not on this train, you're going to miss it. This is a generational purchase...🚂🚂🚂🚂🇺🇲🇺🇲🇺🇲🇺🇲💰💰💰💰💰💰🚀🚀🚀🚀🚀🚀
Great interview by Karp. So many companies don't know about Palantir, they will in time. Go Palantir!
Are you really that happy about weaponization of AI? You want Skynet?
great guy!
There's nothing stopping this company people that are investors that want to make a lot of money. You better take notice. You're going to see a massive results in the next year even more than recent times
"and securely roll it out across your whole enterprise" Fire/Permanent layoff 30% of staff by lunch. -50% rest of staff after introducing Algo by Friday Close. This man is the shareholder dream come true. No med benefits, no bonuses, no overhead. (tomato grow in kitchen window machine sales will skyrocket)
Great interview
This is one smart set of people that built these Palantir systems.
This is Alex Karp who we want to see. Thank God you are there and you are Best. Congratulation.
Dr. Karp is a living legend........and boy, does he know his stuff! PLTR stock is the world's biggest bargain. Buy before it skyrockets!!
Would you have also bet on Mengele’s venture if it was projected to make you money?
Nice content
I love this Black Man!
What’s a black man?
@@Leon-en9il Look up on who is parents are?
@@kingramseyii3686 looks and sounds like a Jew. That’s surprising info . Definitely a hero of Israel.
Palantir is about to shake up the world.
They already have been, just haven't gone commercial yet. Love everything this guy is saying.
@@dd1pp128 They've been in the commercial field for multiple years and have several hundred major clients. What are you even talking about?
yes he has been waiting for a decade to do the shake it off
Palantir is used for government spying on other countries AND its own US citizens. A.I. is just going to make it easier for them to spy on you! Idiots
@@sakcee poor English
Karp is a legend
12:00 what I know is that we don't choose 'best' product as we do not know it while deciding. (By the way definition of "best" might differ!)
Marketing has big effects.
So I disagree:
Look at Microsoft OSes - They have Always been a Bad choice... from MSDOS till Windows.
Anyone who critiques Karp as a CEO will be proven incredibly wrong. Brute-Forcing quality as a leverage-point for disruption is a strategy that will create exponential value over the longterm.
What quality do you see in weaponizing AI?
loaded question but ill field it. I mentioned quality as in product quality compared to its competitors.
Now, what value do I find in “weaponizing” Ai? Well if we’re gonna focus on the wartime usecases, the value is in maintaining the geopolitical status quo. For the West and its Allies to remain unbeatable is crucial in avoiding Hot Wars /WW3
@@eeyorewasright6050 But isn't Trump pro Russia and a lying fantasist who's relative-in-law pass nuclear secrets to Saudi Arabia. Isn't that a bit risky?
Good interview questions. They claim they’ve been in AI for seven years but haven’t generated any surprising revenue. Earnings on 7th Aug. We will see if these bold claims are in fruition
I'm already convinced that he is a really intelligent person by just looking at his hair.
Just tells you which side of his head he sleeps on
This piece is a standout; much like a book that stood out for its innovative approach. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Author Name
I had to replay it like 3 times he told him that they are ahead of 2 years in llm's which must be bs because the way chatgpt changed the game and they are not even out 2 years so wtf. And in the beginning when asked about chatgpt specifically he mentioned that palantier is llm agnostic so what is it now.
Chatgpt cannot do what palantir products do. They are different
@@Pastadeadguy sure but that is not my argument I just think he was probably overstating a lot in his intervew.
Karp reminds me a bit of Halliday from Ready Player One
Amazing Tech.. US needs Moral and Straight Arrow Folks in Charge of this Tech.
This is it. The next Apple
Wake up, Babe. New Alex Karp interview!
That’s Bad ass Company!
so palantir don't have their own llm? They modify other llms to suite your needs?
This guy reninds me a lot of Trevor Milton.
Aws can release a feature that can destroy pltr in a day.
To understand one major value here: Jump to minute 7:00++ when Karp discusses the security and access controls that Palantir's systems provide for enterprise and LLM integration...
Why only insider sales and no purchases???
If this guy suddenly reveals, that world dominance is his secret desire, don't act surprised
Rock and Roll
Palantir seems to be a very interesting company right now...
Y all this is a great opportunity to increase volatility to PLTR stock in the market. You guys can either long it, short it, exercise options, watch it, meme it, dump it, etc.
From what I observed, Karp is selling his shares and exercising his options. He's made tons of money and continues to make more off of you, retail investors, etc. (See SEC filings) you won't be disappointed
This journalist should be de
D-listed.
Looks like the crazy scientist. Good interview - he believes in the product
This interview makes me want to purchase some Palantir stock.
Zero moral integrity.
Why does Palantir not repond to my 4 attempt to do business with a Fortune 20 company. They should’ve seen us a perfect partner - capitalisticly. We need margins ! Please 🙏
Crazy people still buying snowflake and c3ai 😂
Snowflake was purchased by buffet hence expensive ipo and C3AI has AI in the name.
That’s it
comb?
"I know we have the best product on the market...I know that it's much more valuable than anyone will understand until they install it" - KARP DA GOD
Are you really that happy about weaponization of AI? You want Skynet?
A good product doesn’t need much advertising or talk.
Why doesn't pentagon buy these geniuses when they have a 800B budget ?
His brain is so active his hair is in a permanent state of shock, I haven't seen that since Einstein
Lol
Go Palantir! 🎉
Short them
completely reasonable
to say otherwise, is saying we should sell beer, drugs, chemicals, guns, etc to just anyone who has the money for and wants it.
If your answer is, oh hey wait a minute, mayhe we should vet them first or have some kind of criteria before we sell, then you have a potential cause to also not sell a product just bc someone wants it.
a bit of logical thinking can go a long ways
@@joeygarza9550 actually no. Think through it again.
(I'm not saying the item isn't EVER available for sale), I'm saying there are many items which exist even now, whose sale is restricted or behind some kind of wall/qualification, and not freely available to be bought by just anyone willy nilly. Examples, there's a certain age you need to be to buy guns or buy/consume alcohol. There's a certain age you need to be to drive a car. A kid and adult can't (legally) go and buy say prescription drugs without a doctor's note to give them permission to do so. And I'm sure there's dangerous chemicals that one cannot buy without reason or some limits
@@joeygarza9550 pt2 point being, some things require qualifications/limits, for a reason. There's an age limit or other qualification for the person's or other people's safety. You can't go and buy a pound of radioactive materials like uranium for the fun of it, or x gallons of say sulfuric acid without at least raising eyebrows if you are merely an individual and not like a science laboratory.
Now, due to greed, there may be a black market for some of these things. But it should be plain as day that you can't, or at least in the ideal world, "shouldn't", be letting say a mentally ill or unstable person, or a known offender, say, buy grenades on like ebay or at some other storefront.
similarly, AI is a tool. It can be used for good or evil, it's not merely an entertainment thing, it has power to drastically change ppls lives. And if you've been following AI, there's news /concerns that some of these high powered systems we are choosing not to sell to certain countries who's values are questionable or disagreeable with ours. We arent sending aid/resources to Russia as they invade Ukraine, we and others are doing the opposite and trying to discourage the attack. That's no different really. Some things are more important than trying to make a buck/profit. Even a good thing, like giving money to a poor person, or them winning the lottery, can become a bad thing for that person if they are in a wrong place or have a bad mindset. Those with addictions, many times end up worse than before when they come into money, bc they use that money to feed the addiction and or develop other self destructive habits rather than use it to improve their lives. With the lottery, oftentimes their family and friends turn on them (due to greed, envy, selfishness) and they no longer feel like they can trust anyone.
we know China likes to spy on its ppl. Why would we give them tools to do that if we can't trust their intent? It's one thing to have world class software to use it to try to help solve problems, manage inventory, make factories, hospitals, power companies, ppl more efficient. It's quite another if the person/company/country may use it to try to enslave their ppl, or spy on them. Or some tyrannical govts, will kill anyone who tries to oppose them, or make them "disappear" in the night. No way in heck should we be "fine/cool" with them having world class software to help them in their misdeeds. Alex/Palantir is admirable for trying to consider these things, and to prevent it ahead of time, from getting out of hand.
Genius
This guys on neuralink 😂, he stays quip 24/7
One of the best interviewers. Karp tries to derail using British charm and he gets it back on track to topic. Even without disclosing sensitive info, the excitement needs to be quantified. I hear a lot of subjective buzzwords. Another Elizabeth Holmes Theranos. Hiding behind buzzword to artificially balloon share prices and nothing quantified.
What’s the name of the interviewer? We need more like him.
@@timsavvy
Ed Ludlow
Tell us you're short PLTR w/out telling us you're short PLTR. You should have closed your short position months ago... sorry sucks to be you.
When media quote other media and ask for a response... that's zero journalism
Anyone a fan of that show Silicon Valley? LOL
Theranos in the making…
tell that to Ukraine lmao
That CEO is super defensive
Translation: The tech will be used for military applications, very likely against their own population.
Why ain't we talking about the execs Dumping millions of shares throughout the years. In the most recent bull run, they dumped once again...Karp himself sold so much I lost count, it's kinda terrifying. You'd expect a CEO to hold shares for another decade or so for the stakeholders.... you can verify the SEC filings.
There are 3 classes of shares, A , B, and C. C is largely controlling shares which Thiel and Karp own the majority, so they can dump A unto the market ...
Exactly. It's insane. People are literally funding these two fraudsters thinking they're buying some 'future super AI company'. It's all bullshit.
Going into a bar analogy, did he really say that ?😅
1. Why isn’t anyone suing PALANTIR?
2. Why are governments around the world not prosecuting the company and its executives for their roles in the killing of foreign workers?
3. Why is the ICC not formerly charging this company ?
Alex Karp looks like the super villain that definitely should not be trusted with AI, from any Hollywood movie from the past 30 years. Time will tell
He’s determined to become that ultimate super villain too. People that have no moral boundaries and will do anything for money are never to be trusted.
@@OddWoz disturbing .. i wonder if anyone in his circle has goodness in their hearts, or they all want to see the world burn like him?
chop that fro
Great company
I heard a long string of words and sentences packed neatly together in about 14 minutes, but I don't believe a single thing was communicated.
Absolutely noticed the same. No substance. Heavy glitz. Amazed that no one is commenting on that.
@@Andrew-is3ld Indeed
The behaviour panel would make a meal of this, so much chaff and redirect!
🔥🔥🇺🇸🇺🇸🔥🔥
When he says safety, he doesn’t mean broader safety… he means safety for a very select few. This is not something humanity should allow to play out.
Please read "The Age of Surveillance Capitalism" by Shoshana Zuboff which will give you a perspective of the real dangers we face = Silicon Valley and unrestrained capitalism.
👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I need guidance on what investments to make.
@Gray Thompson Pls do you mind sharing any means of reaching out to him easily? I'm really interested.
He boasts when his hand is weak and he boasts when his hand is strong.
Karp cleaned out retail investors after their shit dropped from IPO
RS!
We like america, enjoy fighting alongside them all the time, but theres just certain aspects of life we aint sharing out of principal respect to the shareholders of the british isle, the people. Pack up and keave britain, along with your ai . Cheers
Where’s Morty?
“PLTR “
Totally agree with the freaking debate machine Bs, yet it's the works we live in, suck it up and win the debate.
❤🙏
Palantir doesn't have any AI that isn't available on the commercial market! META and GOOGLE are paving way for LLMs and in particular META, is making them open source. All these guys are just using them, they have no tangible IP
They built their own models. They actually work differently from open AI/ open source models
@@Pastadeadguy What LLM did they build? All they did was incorporate Google Cloud and R libraries. They have some ML languages but non of the LLM is proprietary! Just don't own enough data for them to teach what objects are, they have to rely on LLM from Google, Open AI and META
7:13
“Get out of our own way”
Did AI give him that haircut? He's either an over hyper or visionary...hard to tell. I have a small position in the stock. So far so good.
I woudn’t buy an egg from this guy. He literally isn’t saying anything
🎉🎉🎉🎉🎉
SBC
Lol, it appears most of the Bloomberg commentary warriors, without making an effort to understand his line of thought or researching the company history, clients, products and most importantly, cash flow , labelling him as fraud. Lol. 😂 Karp is genius and contrarian. People are talking about AI now, this company has been AI company for 20 years.
I didn't know they were in the AI business for 20 years and I thoroughly researched the company.
Palantir whole premise was to solve a recurring problem of financial fraud which occurred during Thiel's PayPal days.
Later they came across another problem, many of their clients were using outdated legacy system and their data were fragmented and sparsed out. They managed to unify and consolidate it through a single platform. In turn they build a platform (CRM and ERP) where you can add your own program on the fly.
The whole AI thing just happened to be something they can add on their platform. The user still needs to install the language model.
The thing I find fascinating is how Thiel used his reputation and connections to secure amazing deals with just few customers, many of their clients being intelligence agencies, military, government and the likes. On average the deal sizes are tens of millions. Other SAAS businesses can not compete on their performance.