Holding Palantir's stock feels weird, it's like, am I taking part in my own oppression by others? Am I helping to build the tools that control me? Hoisted by one's own petard?
I first heard about Palantir when a university friend got accepted for an internship at Palantir. My friend are not American and neither do we study at American university, and our country isn't remotely a close ally to the US. Considering Palantir build software for intelligence agencies, it's amusing that they would even consider my friend to work there.
Chapters: 0:00 Intro 0:45 Palantir Gotham 1:23 Palantir Foundry 2:05 Walled Gardens of Tech 3:13 Palantir Average Customer Spend 4:10 Comparing Palantir's to Other Data Companies 5:37 How Palantir Relates to the Military Industrial Complex 6:40 Palantir R&D as % of Gross Revenue 7:11 Comparing Palantir R&D Across Data Companies 9:10 Average Sales Cycle for Selling to Governments 10:50 Riding on the Military Industrial Complex
as a defense analyst I curse palantir for enabling our IT systems to remain on pre-2000s systems lmaoo. it fr can take 30min to send a single unclassified email just for the whole hub to shut down once you click the "send" button. forget about what running actual analysis is like on these systems
Ok, so you are a defense analyst speaking about your work in any manner. Hypothesis : Being a defense analyst is different from analyzing videos made about defense issues :)
Great video! I remember looking into Palantir shortly before they went public and my problem with the company was the corporate governance. If I remember correctly, all the shares they intended to sell were non-voting, so investors would never have any input into the company. Which is fine, other companies sell non-voting shares too, but I think there was also something about those voting shares being 100% locked to a certain group of founders/investors and their families in the event of their inability to run the company. That was something that left a sour taste in my mouth so I decided to pass on Palantir unless and until that changes.
I respectfully disagree. Palantir's whole concept is based off its unique m.o. of revitalizing old systems. That should not be allowed to change. Should the idiotic masses take control of the company through voting share ownership, the company will head in a direction no different from its competitors. You end up getting a company like Snowflake. That will never be Palantir's business model. One buys Palantir because one trusts the leadership behind it (Thiel), its ideology (pro-US), and its legacy (since 2003).
Great video. I really like the parts where you compared Palantir to other companies and talked about how much they rely on the military industrial complex. It has given me a lot to think about. Keep the great videos coming.
These are some very very well done videos! Hopefully you’ll get a good sized following soon from it. I’ve been one of the short term investors in palantir when it was booming and had absolutely zero clue what it was, so thanks lol
Stumbled upon one of your videos and binged the rest, this is the last one :') You break things down from the strategic perspective very well in a way that is very satisfying.
Sounds like if you want to know anything and everything there is to know about the American Intelligence complex, you want to find yourself an engineer at Palantir.
Super smart considering Ukraine and Germany's sudden wake up. I would assume Palantir will try to expand to those central European powers and I wonder to what extent the US govt will support them in their efforts. Germany is not a member of the 5 eyes and is not the closest ally. You've gained over 30 subscribers in my last hour of watching your videos, great work, thank you, and the algorithm is starting to find you!
I love how every take and comment I've seen on these guys completely waves away the fact they're named after the BAD guys appropriated artefacts, not the "let's make the world safer" ones. :)
As a former 35F, I preferred Google Maps + ArcGIS over Palantir anyday. I remember it being so difficult to remove duplicate records. Plus, there wasn't a TS SCI version available on JWICS. That was over a decade ago but I really didn't understand the hype. Simply put, when we needed to get down to business during deployment, our team didn't use it.
Yes their government sector will grow, but their bull case is winning the commercial sector. I believe they will do it. They are just beginning. Great video though 👍
Jeez, when you were talking about their average customer sale is $5 mil, I wasn't impressed. That's a pretty common amount in government contracts, I was thinking about hard goods though. $5 million in trucks or food is a normal amount, $5 million for a software is insane.
@@raphaeldwain7834 When I heard that I envisioned AI predicting potential risks to our likeness, tracking who is using our information. I figured Palantir would be protecting the individual’s information as they do for companies, institutions and governments. I think they call it predictive policing
How bad can your customers' "legacy" IT systems be if the software you're selling is all about analyzing big data?! I don't think it gets anywhere near floppy-disks or other archaic peripherals, computers and systems.
Great company, bad investment. They pay their employees with stock options and will keep diluting. Since going public, Palantir has increased its stock count by more than 100%.
Speaking about the military-industrial complex ... looks like this video was released 2 months too early. Still very informative (I work for a company that uses Foundry).
Could I ask a few questions about your experience using Foundry? Is the software easy to use? Do only a few specialists use it in your company or is it more widespread? Is the software easy to use? Do you feel like you use it to it's full potential? Is there anything you wish foundry had that it doesnt?
I'm sorry but I just can't give this video a thumbs-up. Business management should be about finding smart ways to generate products that enhance our lives. Palantir feeding of the military-industrial complex is not a point to be brushed away. Public money is funneled into a war machine, and government agencies (and their tracking) are getting bigger. People from the West often paint this picture of a dystopian China, but we're not that far away from becoming that when we blatantly disregard this attack on civil liberties. From personal experience, business education lacks ethical discussion, the one about actual humans and not CSR, but we simply can't afford this when wars are devastating people around the world just so Palantir shareholders can get richer.
Floppy disks are used in niche areas because they work, there is just absolutely no need to upgrade. The employees running said systems don't have hectic schedules so efficiency isn't top priority.
Actually it's not my money, Caesar makes the money, so when Caesar calls for the tax i must pay the tax. Since there is a reason Caesar has a sword, to do away with wrongdoers. If you don't pay the tax Caesar will use his sword to punish those not paying the tax since Caesar will consider you evil and do away with you.
Disagree I think private sector will be huge. So many companies need data driven decisions but should not be in the software business. Pretty much every blue chip company / manufacturer. They can’t get the talent or keep the talent to deal with big data
That's a valid perspective. If you look at the public sector exclusively, Palantir is the only meaningful player with upside. Its closest competition in the gov/military/defense space are the legacy enterprise companies like Dell, IBM, Cisco as those companies already have large hardware footprints and investments at those organizations. The challenge is that for the past decade, none of those legacy enterprises have shown their ability to move beyond hardware and "above the stack" to sell software. Look at Cisco with their WebEx - Zoom came by and ate their lunch in less than 3 years to become the dominant online conferencing software solution even though Cisco WebEx had been in-place for decades at so many companies. The same is true with IBM, look at how much market share they have lost in hardware with chips (CPUs to AMD) or software (AWS). The remaining competition in the public sector for Palantir are small, boutique, government contractors/firms but the 5-15 engineers they hire won't compare to the 1000s that Palantir has. None of those firms can operate at the scale and support of Palantir. The upside for Palantir in the public sector is strong in this view. If you look at the "big data" space in the private sector, you'll see companies like DataDog ($DDOG) and Snowflake ($SNOW) and even hot private companies like Databricks (not yet public). Those companies valuations and sales are nearly 2-5X that of Palantir's right now. That's not to say Palantir can't catch up to their level, but that's how successful these big data companies are today in winning the private sector. DataDog has over 10K customers, Snowflake has nearly 5K customers and Palantir has ~150-200 at the moment. DataDog and Snowflake (along with Snowflake) have the upper hand in private sector as the dominant players/market share at the moment. For Palantir to capture even a minority market share from these existing cloud-native private sector players like $SNOW and $DDOG, who are more agile, faster, in-tune with the market, and cloud-native would be a very long multi-year effort. In that period of time, Palantir would likely see higher ROI playing to their strengths and winning more of the public sector (which is where DDOG and SNOW and DataBricks simply can't compete at scale given the technical constraints of their products, e.g you can't use public cloud services like AWS in airgapped secure gov environments).
@@ModernMBA I totally agree with your thesis that Palantir will have big upside in governments. Western governments will have no choice if they want to stay competitive with China. I am not sure I would say Datadog is in the same space. Right now they process metrics and trigger alerts. Palantir can emulate a full supply chain(ontology) let you input changes and estimate outcomes and affects through the business. Its basically a full scale dev environment for companies that produce goods.
Well said! I agree DataDog is not 1:1 with big data, but as one of the dominant players in ingesting metrics and log analysis, I don’t think it’s too far-fetched to see them extend into broader verticals in the near future. Owning the data layer, at the very least ingestion, storage, and consumption grants you a robust moat to expand deeper or broader.
The 9:12 issue needs to be fixed during editing. You need to watch your videos before publishing them. Stumbling is fine but as you grow it looks sloppy. You need to rehearse your scripts and rerecord sections where you stumble or pause unnaturally
Palantir is an excellent investment. With International Socialism on the rise and the coming New World Order and the Great Reset, governments will be taking an ever more active role in surveilling and monitoring the people to prevent another January 6 or Tienanmen Square. Some countries have already set up concentration camps for "undesirables", like China, Canada, and Australia, to name three. Last year, I read that Wisconsin was working with FEMA to set up concentration camps for "covid violators", but don't know how far that plan got. There was that undercover footage of a PBS (government-owned broadcaster) executive advocating for "re-education camps" for children who have been taken from their dissident parents by the government. Palantir would be useful in identifying dissidents with children. Add to that Russia wanting to renew the Cold War and reclaim Eastern Europe and the former Russian Empire, Western governments will need to process the intelligence data obtained from monitoring Russian activity and Russian signals.
There is no such thing as the military industrial complex in 2022 USA. The US military is a shadow of its former self, when Eisenhower made this famous speech. Currently the US spends a mere 3.5% of GDP on all military spending, compared to 7% in 1989. We have half as many Army divisions, 1/2 the number of ships and aircraft as well as personnel. A single factory makes all the tanks in the US inventory. The vaunted MIC is a myth.
@@jb76489 You ought to do a breakdown of military spending, so you know where that money goes. The question is not if any company will go bankrupt or not providing equipment and material for the US military. The question is if there is cabal and massively powerful complex between the military and industry? I would argue no. The defense budget is about 1/2 of all discretionary spending, 11% of the Federal budget and equals a mere 3.5% of the GDP. The US spends about the same for education. Do we have a Education industrial complex? The actual DoD budget for 2022 is $773 billion requested by Biden. Obviously about 66% of all Fed spending goes to the big three: Social Security, Medicare and Medicaid. Social/Medical Industrial Complex? We spend $754 Billion on health. Health Industrial Complex? www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj7geHTy_D2AhU5JEQIHRSbDv4QFnoECAUQAQ&url=https%3A%2F%2Fdatalab.usaspending.gov%2Famericas-finance-guide%2Fspending%2Fcategories%2F&usg=AOvVaw2F4vQ_uAop_m_rmsW2vnf6
@@Fishmans If you have paid attention, since the end of the Cold War, the US military has been almost constantly engaged and vastly overstretched. Something many simply do not understand about the military, is that it cannot simply go from X to Y rapidly. Meaning, when you reduce capabilities and numbers by half, building back, takes a very long time. You can enroll millions through conscription certainly, (very unpopular) but you need all the equipment, ammunition, training and corps of professionals to train and lead these people. This also goes for the other services. Coordination, combined arms, operations is what we are not seeing in this Russian invasion and what the US does very well but it takes resources and constant training. If you deplete the military of these resources, there is a high price to pay. So, when crises arise, you are inevitably unprepared and the cost is unnecessarily costly, i.e. Ukraine. If you like your liberty, the best way to ensure it, long term, is to maintain a formidable military.
@@Fishmans I did not see the rest of your comment beginning with: Yes, and practically all of the US' involvements post-cold war have been completely pointless. The Cold War was a crucial period of spending to ensure global So, perhaps you should re post it. I think your analysis of the US conflicts post-Cold War are completely wrong. The invasion of Afghanistan accomplished its goal, the killing of OBL and AQ hierarchy and the prevention of another 9-11 by occupying AF for 20 years and taking the fight overseas. Also, Iraq accomplished the same thing. The destruction of AQI and the insurgency, leaving a pro American regime with the ending of Saddam and his evil sons and their hostile, belligerent nation. All of this is for the better.
I still do not understand Karp contribution to Palantir, he is only a law graduate and philosopher, no maths, no work experience, no programming skills, no presence, no lidership, he was only PayPal founder roommate, is this his only talent ?
Holding Palantir's stock feels weird, it's like, am I taking part in my own oppression by others? Am I helping to build the tools that control me? Hoisted by one's own petard?
Deep man deep, it's below its opening price btw
@@nulinf Thanks for the laugh.
It's gonna happen anyways, might as well make a couple of bucks.
@@mariusvanc People like you are why it's going to happen. So thanks for that.
Get over it. It’s not that deep
I first heard about Palantir when a university friend got accepted for an internship at Palantir.
My friend are not American and neither do we study at American university, and our country isn't remotely a close ally to the US.
Considering Palantir build software for intelligence agencies, it's amusing that they would even consider my friend to work there.
What county? Japan like your name?
@@myhouse-yourhouse Japan is a close ally though
@@myhouse-yourhouse No, some Southeast Asian country.
@@myhouse-yourhouse Why can't it be someone from Africa? Racist...
@@hcguyz Singapore?
Chapters:
0:00 Intro
0:45 Palantir Gotham
1:23 Palantir Foundry
2:05 Walled Gardens of Tech
3:13 Palantir Average Customer Spend
4:10 Comparing Palantir's to Other Data Companies
5:37 How Palantir Relates to the Military Industrial Complex
6:40 Palantir R&D as % of Gross Revenue
7:11 Comparing Palantir R&D Across Data Companies
9:10 Average Sales Cycle for Selling to Governments
10:50 Riding on the Military Industrial Complex
Dude! I just binge watched 4 of your videos. And I should be working
I kind of love that our governments contracted intellgience software is a lord of the rings reference
as a defense analyst I curse palantir for enabling our IT systems to remain on pre-2000s systems lmaoo. it fr can take 30min to send a single unclassified email just for the whole hub to shut down once you click the "send" button. forget about what running actual analysis is like on these systems
Ok, so you are a defense analyst speaking about your work in any manner. Hypothesis : Being a defense analyst is different from analyzing videos made about defense issues :)
@@VikramShetty1502 What are you talking about
@@VikramShetty1502 bot
Loose lips sink ships
@@VikramShetty1502stfu bot
"The eye of sauron" might have been a more apropriet name for the company
Being here sub 4.000 views is very weird. Great content, channel going to explode soon!
It did lol
Great video! I remember looking into Palantir shortly before they went public and my problem with the company was the corporate governance. If I remember correctly, all the shares they intended to sell were non-voting, so investors would never have any input into the company. Which is fine, other companies sell non-voting shares too, but I think there was also something about those voting shares being 100% locked to a certain group of founders/investors and their families in the event of their inability to run the company. That was something that left a sour taste in my mouth so I decided to pass on Palantir unless and until that changes.
I respectfully disagree. Palantir's whole concept is based off its unique m.o. of revitalizing old systems. That should not be allowed to change. Should the idiotic masses take control of the company through voting share ownership, the company will head in a direction no different from its competitors. You end up getting a company like Snowflake. That will never be Palantir's business model.
One buys Palantir because one trusts the leadership behind it (Thiel), its ideology (pro-US), and its legacy (since 2003).
Great video. I really like the parts where you compared Palantir to other companies and talked about how much they rely on the military industrial complex. It has given me a lot to think about. Keep the great videos coming.
These are some very very well done videos! Hopefully you’ll get a good sized following soon from it. I’ve been one of the short term investors in palantir when it was booming and had absolutely zero clue what it was, so thanks lol
floppy disks, commodore 64, amiga, and the tandy 1000 from radio shack. these guys are cutting edge military power
Stumbled upon one of your videos and binged the rest, this is the last one :')
You break things down from the strategic perspective very well in a way that is very satisfying.
Sounds like if you want to know anything and everything there is to know about the American Intelligence complex, you want to find yourself an engineer at Palantir.
you do an excellent job not talking about the moral issues of anything surrounding this
I can taste the sarcasm in this comment…
It's one of those, if we don't, someone else will.. Though I don't agree with everything they do/have done, they are necessary
Create the change you wish to see. I guess these companies wish for their private lives to be public knowledge. No? Hmm 🤔
this isnt really that kind of channel
This is the best channel ever
Super smart considering Ukraine and Germany's sudden wake up. I would assume Palantir will try to expand to those central European powers and I wonder to what extent the US govt will support them in their efforts. Germany is not a member of the 5 eyes and is not the closest ally. You've gained over 30 subscribers in my last hour of watching your videos, great work, thank you, and the algorithm is starting to find you!
The German Police actually already confirmed that they are going to work with Palantir a while ago
Esri does a lot of this too and has a massive market share in the public and private sectors
Never bet against America! I’m All in with Palantir
Me too!
I love how every take and comment I've seen on these guys completely waves away the fact they're named after the BAD guys appropriated artefacts, not the "let's make the world safer" ones. :)
As a former 35F, I preferred Google Maps + ArcGIS over Palantir anyday. I remember it being so difficult to remove duplicate records. Plus, there wasn't a TS SCI version available on JWICS. That was over a decade ago but I really didn't understand the hype. Simply put, when we needed to get down to business during deployment, our team didn't use it.
Great analysis! These are great vids man!
Excellent video!
Honestly just the fact that the company uses the name of an evil LOTR artifact rubbed me the wrong way.
You need to read the Silmarillion. The Palantiri are not evil artifacts.
@@hofii2but the US military is
Amazing video! Hope you keep posting
So they are really just another defense contractor in the field then, like KBR, Northrop and GDIT.
Yes their government sector will grow, but their bull case is winning the commercial sector. I believe they will do it. They are just beginning. Great video though 👍
Coming from March 2022 post Ukraine invasion....I have to say the market for growth is healthy for Palantir.
Jeez, when you were talking about their average customer sale is $5 mil, I wasn't impressed. That's a pretty common amount in government contracts, I was thinking about hard goods though. $5 million in trucks or food is a normal amount, $5 million for a software is insane.
Probably why companies like IBM and Scale are so into the military
This is an absolutely A+ breakdown. Definitely going to sub. Great information. Thank you!!
PLTR first profitable quarter. LFG. Bought calls, largely based on this video.
The madman did it
I enjoy the content
Do a video on draftkings
Narrator's voice is very cute.
I’ve heard one of Palantir’s end goals is to provide AI driven identity protection to the individual through a subscription based application
What does "AI driven identity protection" even mean?...
@@raphaeldwain7834 When I heard that I envisioned AI predicting potential risks to our likeness, tracking who is using our information. I figured Palantir would be protecting the individual’s information as they do for companies, institutions and governments. I think they call it predictive policing
How bad can your customers' "legacy" IT systems be if the software you're selling is all about analyzing big data?! I don't think it gets anywhere near floppy-disks or other archaic peripherals, computers and systems.
Nuclear silos are loaded by tapes and floppy disks... not kidding.
So the barrel has a deep bottom
That’s exactly what they mean by legacy… a lot of systems haven’t been updated since the 2000s
As a software engineer.
hearing about enhancing legacy technology my only comment is
HOLLY SHIT...
I've used gotham and its awesome
Hey your contents is so good ! Do some marketing man. Your channel deserves more followers!!
I think folks who bought into Palantir wondering whether the MIC would expand are rather ... content.
Great company, bad investment. They pay their employees with stock options and will keep diluting. Since going public, Palantir has increased its stock count by more than 100%.
Good job man
You know your acronym. It looks like you work in business applications field
Thank you for making these fantastic videos! As an investor of $PLTR, the content is Immensely concise and informative whilst engaging. Keep it up!!
Love your videos! Have you heard of Unity? Commercial VR/AR could be a good topic for a future video
Speaking about the military-industrial complex ... looks like this video was released 2 months too early. Still very informative (I work for a company that uses Foundry).
Could I ask a few questions about your experience using Foundry?
Is the software easy to use? Do only a few specialists use it in your company or is it more widespread?
Is the software easy to use?
Do you feel like you use it to it's full potential?
Is there anything you wish foundry had that it doesnt?
After using Foundry and the other similar products (Presto, Azure), I actually think Palantir is a much better option compared to the others
Huh? That opening statement about the dude and silicone valley is comical. Like all of silicon valley hasn't done exactly that every day for ages?
I'm sorry but I just can't give this video a thumbs-up. Business management should be about finding smart ways to generate products that enhance our lives. Palantir feeding of the military-industrial complex is not a point to be brushed away. Public money is funneled into a war machine, and government agencies (and their tracking) are getting bigger. People from the West often paint this picture of a dystopian China, but we're not that far away from becoming that when we blatantly disregard this attack on civil liberties. From personal experience, business education lacks ethical discussion, the one about actual humans and not CSR, but we simply can't afford this when wars are devastating people around the world just so Palantir shareholders can get richer.
Well said. All this money spent on slaughtering humans for profit. Total moral bankruptcy and dog eat dog society. Very sick and unhealthy.
anyone else feel like they where tripping at 9:07 ?
I like the stock
Floppy disks are used in niche areas because they work, there is just absolutely no need to upgrade. The employees running said systems don't have hectic schedules so efficiency isn't top priority.
"so efficiency isn't top priority." They don''t have anything like "We have a nuke launch growth forecast for next quarter"? :D
im still bagholding it lol
And then Ukraine happened and nearly every European country is now investing into its military.
So its a CIA cutout? Got it.
False.
theres actually 18 american intelligence agencies not 16
“Build me an army worthy of Mordor”
Next At 2800(bala Mukh).
Actually it's not my money, Caesar makes the money, so when Caesar calls for the tax i must pay the tax. Since there is a reason Caesar has a sword, to do away with wrongdoers. If you don't pay the tax Caesar will use his sword to punish those not paying the tax since Caesar will consider you evil and do away with you.
Integrations until they can't be replaced?!
Disagree I think private sector will be huge. So many companies need data driven decisions but should not be in the software business. Pretty much every blue chip company / manufacturer. They can’t get the talent or keep the talent to deal with big data
That's a valid perspective. If you look at the public sector exclusively, Palantir is the only meaningful player with upside. Its closest competition in the gov/military/defense space are the legacy enterprise companies like Dell, IBM, Cisco as those companies already have large hardware footprints and investments at those organizations.
The challenge is that for the past decade, none of those legacy enterprises have shown their ability to move beyond hardware and "above the stack" to sell software. Look at Cisco with their WebEx - Zoom came by and ate their lunch in less than 3 years to become the dominant online conferencing software solution even though Cisco WebEx had been in-place for decades at so many companies. The same is true with IBM, look at how much market share they have lost in hardware with chips (CPUs to AMD) or software (AWS).
The remaining competition in the public sector for Palantir are small, boutique, government contractors/firms but the 5-15 engineers they hire won't compare to the 1000s that Palantir has. None of those firms can operate at the scale and support of Palantir. The upside for Palantir in the public sector is strong in this view.
If you look at the "big data" space in the private sector, you'll see companies like DataDog ($DDOG) and Snowflake ($SNOW) and even hot private companies like Databricks (not yet public). Those companies valuations and sales are nearly 2-5X that of Palantir's right now. That's not to say Palantir can't catch up to their level, but that's how successful these big data companies are today in winning the private sector.
DataDog has over 10K customers, Snowflake has nearly 5K customers and Palantir has ~150-200 at the moment. DataDog and Snowflake (along with Snowflake) have the upper hand in private sector as the dominant players/market share at the moment. For Palantir to capture even a minority market share from these existing cloud-native private sector players like $SNOW and $DDOG, who are more agile, faster, in-tune with the market, and cloud-native would be a very long multi-year effort.
In that period of time, Palantir would likely see higher ROI playing to their strengths and winning more of the public sector (which is where DDOG and SNOW and DataBricks simply can't compete at scale given the technical constraints of their products, e.g you can't use public cloud services like AWS in airgapped secure gov environments).
@@ModernMBA I totally agree with your thesis that Palantir will have big upside in governments. Western governments will have no choice if they want to stay competitive with China. I am not sure I would say Datadog is in the same space. Right now they process metrics and trigger alerts. Palantir can emulate a full supply chain(ontology) let you input changes and estimate outcomes and affects through the business. Its basically a full scale dev environment for companies that produce goods.
Well said! I agree DataDog is not 1:1 with big data, but as one of the dominant players in ingesting metrics and log analysis, I don’t think it’s too far-fetched to see them extend into broader verticals in the near future. Owning the data layer, at the very least ingestion, storage,
and consumption grants you a robust moat to expand deeper or broader.
@@ModernMBA For sure. Data Dog is a well run operation. I’m sure they have a plan. There logging platform blew me away.
@@ModernMBA What type of industry/career you do?
The 9:12 issue needs to be fixed during editing. You need to watch your videos before publishing them. Stumbling is fine but as you grow it looks sloppy. You need to rehearse your scripts and rerecord sections where you stumble or pause unnaturally
6 months later wsb no longer loves
f̷̩̜͚̤͇͔̿̋̓̐͜͝͝e̷̞͍̲̜̔̃́͝e̷̠̭͎̽̂̾̕d̷̛͈͓͉̮̦͔̼͈̳͔͙͊͌̌̊̔̏̊͂̔̚̚t̸̢̛̤̰̯͕͊̀̈́̈͛́̈̒̓͝͝h̴͖̠̱̝̣̼̩͕̥̭̜͊̍͗̋͛̾͋̌̍̒̓̍͝ę̴̛̯̮̰͖̝͎̼͎͙̼̻̻̺̈́͒̈́͐͂̔͒͘͠â̵̬̰͍̾̉ĺ̸̞͌̐͐̉̑̐̓͒̎̊̈͘͝g̸̛̩̥͌͋̌̊̑̌̈̓͝õ̴̡̯̥͔͓̙̪͓̫͓̞̞̣̜͓̅̀̑̉̒̋̇̄̐̋͝r̸̨̤̤̔̆̍͌̾̈́͆́̚͜į̶̨͓̗͚͚̳͉͕͚̝̪̳͍̲͌̈̊͗͛̎͌̌͒̏̒͋͘͝t̶̨̘͕̂̽̀̉͐̈́̎͌̌̿́̆̿h̴̡̥̺̤̳̘̳̜͈̝̤̱̾̐̽m̷͉͊̾̊̽̅́͋͋̍̂̋́̚̕͘
Snake oil peddling at its best....
outdated information, ignore.
Goberment
Palantir is an excellent investment. With International Socialism on the rise and the coming New World Order and the Great Reset, governments will be taking an ever more active role in surveilling and monitoring the people to prevent another January 6 or Tienanmen Square.
Some countries have already set up concentration camps for "undesirables", like China, Canada, and Australia, to name three. Last year, I read that Wisconsin was working with FEMA to set up concentration camps for "covid violators", but don't know how far that plan got. There was that undercover footage of a PBS (government-owned broadcaster) executive advocating for "re-education camps" for children who have been taken from their dissident parents by the government. Palantir would be useful in identifying dissidents with children.
Add to that Russia wanting to renew the Cold War and reclaim Eastern Europe and the former Russian Empire, Western governments will need to process the intelligence data obtained from monitoring Russian activity and Russian signals.
I agree. We can laugh all the way to govt run FEMA camps while getting rich off Palantir stock.
What the heck is wrong with you people? Socialism on the Rise, FEMA camps, new world order 🤦♂️
There is no such thing as the military industrial complex in 2022 USA. The US military is a shadow of its former self, when Eisenhower made this famous speech. Currently the US spends a mere 3.5% of GDP on all military spending, compared to 7% in 1989. We have half as many Army divisions, 1/2 the number of ships and aircraft as well as personnel. A single factory makes all the tanks in the US inventory. The vaunted MIC is a myth.
Oh no, a defense budget of only almost 800 billion dollars, poor lockmart, poor Raytheon, no doubt they’ll go out of business soon
@@jb76489 You ought to do a breakdown of military spending, so you know where that money goes. The question is not if any company will go bankrupt or not providing equipment and material for the US military. The question is if there is cabal and massively powerful complex between the military and industry? I would argue no.
The defense budget is about 1/2 of all discretionary spending, 11% of the Federal budget and equals a mere 3.5% of the GDP.
The US spends about the same for education. Do we have a Education industrial complex?
The actual DoD budget for 2022 is $773 billion requested by Biden.
Obviously about 66% of all Fed spending goes to the big three: Social Security, Medicare and Medicaid. Social/Medical Industrial Complex?
We spend $754 Billion on health. Health Industrial Complex?
www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj7geHTy_D2AhU5JEQIHRSbDv4QFnoECAUQAQ&url=https%3A%2F%2Fdatalab.usaspending.gov%2Famericas-finance-guide%2Fspending%2Fcategories%2F&usg=AOvVaw2F4vQ_uAop_m_rmsW2vnf6
True, but the need for such a military has also scaled back with the end of the cold war. What America truly has is a healthcare industrial complex.
@@Fishmans If you have paid attention, since the end of the Cold War, the US military has been almost constantly engaged and vastly overstretched.
Something many simply do not understand about the military, is that it cannot simply go from X to Y rapidly. Meaning, when you reduce capabilities and numbers by half, building back, takes a very long time. You can enroll millions through conscription certainly, (very unpopular) but you need all the equipment, ammunition, training and corps of professionals to train and lead these people. This also goes for the other services. Coordination, combined arms, operations is what we are not seeing in this Russian invasion and what the US does very well but it takes resources and constant training. If you deplete the military of these resources, there is a high price to pay.
So, when crises arise, you are inevitably unprepared and the cost is unnecessarily costly, i.e. Ukraine.
If you like your liberty, the best way to ensure it, long term, is to maintain a formidable military.
@@Fishmans I did not see the rest of your comment beginning with: Yes, and practically all of the US' involvements post-cold war have been completely pointless. The Cold War was a crucial period of spending to ensure global
So, perhaps you should re post it.
I think your analysis of the US conflicts post-Cold War are completely wrong.
The invasion of Afghanistan accomplished its goal, the killing of OBL and AQ hierarchy and the prevention of another 9-11 by occupying AF for 20 years and taking the fight overseas. Also, Iraq accomplished the same thing. The destruction of AQI and the insurgency, leaving a pro American regime with the ending of Saddam and his evil sons and their hostile, belligerent nation.
All of this is for the better.
I still do not understand Karp contribution to Palantir, he is only a law graduate and philosopher, no maths, no work experience, no programming skills, no presence, no lidership, he was only PayPal founder roommate, is this his only talent ?