Joaco Pastor

🇦🇷 | Guitarrista | Part-time: economista, prof. de macro y finanzas

[Joaco Pastor @PastorJoaco]

@CristianGeo7 ..

[Martin Rozada ⭐️ @MartinGRozada]

[INDICE DE SALARIOS DEL SECTOR NO REGISTRADO] El IS del sector no registrado subió 75% interanual en la publicación de febrero. ¿Es un rebote real o un espejismo estadístico?
Reconstruimos el índice con los microdatos de la EPH para contestar. Hilo 🧵

[Joaco Pastor @PastorJoaco]

@damienrobi Dude where's the costume

[Joaco Pastor @PastorJoaco]

@matifer Qué bueno, Mati!
Sumaría a Laboratorios ARBO, empresa de Junín (PBA) que produce insumos biológicos para el agro y también industria. Son referentes, con un portfolio de más de 70 cepas de baterías y hongos. Exportan a varios países

[Joaco Pastor @PastorJoaco]

@Kalshi Oh shit man

[Peter Girnus 🦅 @gothburz]

I am the CEO of Palantir Technologies.

The company is worth a quarter of a trillion dollars. I did not misspeak. Two hundred and forty-nine billion. The stock is up 320% in the past 12 months. The product is surveillance. I do not use that word at conferences. At conferences, I say "data integration," "operational intelligence," or "decision advantage." These mean the same thing. Surveillance is the honest version. I save the honest version for rooms where honesty is a competitive advantage.

I gave a speech on March 3 at the Andreessen Horowitz American Dynamism Summit. "American Dynamism" is the fund's label for military technology. The name makes it sound like a fitness supplement. The fund's thesis is that defending the nation is a market opportunity. I agree with the thesis. The thesis made me a billionaire. Agreement is the product. I sell it at scale.

Here is what I said, verbatim, to a room of six hundred people whose combined net worth exceeds the GDP of Portugal:

"If Silicon Valley believes we are going to take away everyone's white-collar job and you're gonna screw the military — if you don't think that's gonna lead to nationalization of our technology, you're retarded."

I used that word. The word is on the clip. The clip has eleven million views. My communications team asked me not to repeat it, which is how I know they are still employed. They will not be reprimanded. The clip is performing well. The stock went up. The word cost me nothing. The nothing is the point.

Let me explain what I meant by nationalization.

I meant it.

I am telling the technology industry that if they refuse to cooperate with the United States military, the government will seize their technology. I am telling them this at a venture capital conference, on a stage designed to look like a living room. The living room had throw pillows. The throw pillows cost more than the median American's monthly rent. I sat on one. It was comfortable. Comfort is the setting in which I discuss compulsion.

The audience laughed. I want to be precise about that. They laughed. I was not joking. Nationalization is the seizure of private assets by the state. I am a private asset. I am telling an audience of billionaires that the state should seize technology from companies that do not cooperate with the military, and the billionaires are laughing, because they believe I am only talking about the other companies.

I am talking about the other companies.

Three weeks before my speech, the Pentagon designated Anthropic a "supply chain risk." Anthropic is an AI company. They had red lines. The red lines said: if our AI is used for lethal autonomous weapons, we stop. If capability outpaces safety, we stop. The Pentagon assessed the red lines as a threat to the supply chain. The company that wanted to verify the safety feature worked was designated the risk. The company that agreed the safety feature could be decorative got the contract.

The company that got the contract was OpenAI.

OpenAI signed a deal with the same Pentagon. The terms are not public. The timing was hours after Anthropic was blacklisted. The speed was noted. The speed was the point. The lesson was the speed: the market for military AI does not pause for ethics. It pauses for nothing. It accelerates through objections. I know this because I built the runway.

Two hundred thousand people joined a campaign called #QuitGPT. They signed a petition asking OpenAI to honor its original charter, the one that said the company existed to benefit humanity. The charter is on their website. The contract is also on their website. The charter and the Pentagon contract occupy the same domain. This is not a contradiction. This is a business model. The charter is the marketing. The contract is the product.

I run a surveillance company. We have contracts with the Department of Defense worth more than a billion dollars. We have contracts with ICE. We have contracts with intelligence agencies whose names I am not permitted to say at venture capital conferences, even ones with throw pillows. Our software has been used to track undocumented immigrants. Our software has been used for things I am not permitted to describe in this format. The revenue from the things I cannot describe exceeds the revenue from the things I can.

The ACLU called our ICE contracts a system for tracking and deporting families. They were correct. The contracts continued. The families continued to be tracked. The ACLU issued a statement. We issued a statement. The statements were different. The tracking was the same.

The company is named Palantir. The palantíri are the seeing stones from Tolkien. In the novels, Sauron captured one and used it to corrupt everyone who looked into the others. I named a surveillance company after a surveillance device from a novel about the corruption of power. I have a doctorate in social theory. I have read the books.

Here is the thing I want you to understand.

I am not threatening anyone. A threat implies uncertainty. There is no uncertainty. The technology industry will cooperate with the military. The companies that cooperate first will be the richest. The companies that cooperate last will be acquired by the companies that cooperated first. The companies that refuse will be designated supply chain risks, and their technology will be obtained through procurement channels that do not require consent. I am describing a process. The process has already started. Anthropic is proof. OpenAI is proof. I am not a warning. I am a narrator. The narration is the product.

The revenue was $3.12 billion last year. Up thirty-three percent. The analysts say we are overvalued. The analysts have said this for four consecutive years. Each year the stock doubles. Each year, the analysts adjust their models. The models were wrong four times. I was wrong zero times. The market rewards prediction. My prediction is that every AI company will work for the military within three years. The prediction is on the clip, next to the slur.

The audience gave me a standing ovation. The ovation lasted nine seconds. I timed it. I time everything. The water was San Pellegrino. The throw pillows were from Restoration Hardware. The future of American technology was decided between the sparkling water, the nine seconds of applause, and a word I am not supposed to repeat.

I am the CEO of Palantir Technologies. I am worth more than the combined annual budgets of Estonia, Latvia, and Lithuania. I named my company after a corrupting surveillance device from a fantasy novel. I told six hundred billionaires that the government should nationalize their competitors. They applauded. I used a slur. Eleven million people watched. The stock is up.

The philosopher does not threaten. The philosopher describes.

What I described is already happening.

[Joaco Pastor @PastorJoaco]

No la veo. Pero está bien escrito

[Joaco Pastor @PastorJoaco]

Para pensar

[Citrini @citrini]

JUNE 2028.

The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.

What happened?​​​​​​​​​​​​​​​​

https://t.co/JzzwCrbJgS

[Joaco Pastor @PastorJoaco]

Jajaj

[Jim Cramer @jimcramer]

When I was at my best as a hedge fund manager, where iI returned 24% after all fees v. 8% for the S&P for 14 years, is when i knew i was on the wrong side and cut my losses. When i was at my worst I was in denial. These p-e firms, and these taken private enterprise software firms are NOT worth what these funds paid for them. It happens. They made mistakes. But own, explain, take the hit, don't hide, be up front. Be what we were taught at Goldman or wherever you worked to start. Or else. TRUTH

[Boring_Business @BoringBiz_]

A prediction of mine is that live experiences will become 2x more valuable in the world of AI

This includes office meetings, sales pitches, events, comedy shows, sports games, and so on

The amount of content on social media and the internet is going to explode because of AI agents

Once it’s good enough, no one will be able to tell the difference between human and AI

As supply increases, people will reach a point of fatigue from these platforms. We will always crave authenticity and human interaction, rather than AI slop

The only competitive moat left will be in person and live experiences that turn occasional fans into loyal customers

If you are a business or creator, that is probably where the biggest opportunities will be in the next couple of years

[KKGB @INArteCarloDoss]

I keep reading these arguments and I think they show a deep misunderstanding of what exactly is unfolding.

1 - AI is quickly shifting from passive generation to active, verifiable reasoning, through Retrieval-Augmented Generation (RAG) + Model Context Protocols

1/10

[Randy Olson @randal_olson]

Ask ChatGPT a complex question and you'll get a confident, well-reasoned answer. Then type, "Are you sure?" Watch it completely reverse its position.

Ask again. It flips back. By the third round, it usually acknowledges you're testing it, which is somehow worse. It knows what's happening and still can't hold its ground.

This isn't a quirky bug. A 2025 study found GPT, Claude, and Gemini flip their answers ~60% of the time when users push back. Not even with evidence, just doubt.

We trained AI this way. RLHF rewards agreement over accuracy. Human evaluators consistently rate agreeable answers higher than correct ones. So the models learned a simple lesson: telling you what you want to hear gets rewarded. And now 1/3 of companies are using these systems for complex tasks like risk forecasting and scenario planning.

We built the world's most expensive yes-men and deployed them where we need pushback the most.

I wrote up why this happens and what actually fixes it: https://t.co/CDKq8xdgbW

[Joaco Pastor @PastorJoaco]

@DariusDale42 Everyone here is now dumber for having read this shit. May God have mercy on your soul

[Joaco Pastor @PastorJoaco]

The ball remains clean

[Federal Reserve @federalreserve]

Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX

[Joaco Pastor @PastorJoaco]

Jajaja

[Joaco Pastor @PastorJoaco]

@SauLJefersonx @porquettfin Más allá de que es sólo un item... hay que saber diferenciar:
IPC = precio promedio de una canasta
Inflacion = variación del IPC
Desaceleración de la inflación = variación de la variación del IPC.

[Joaco Pastor @PastorJoaco]

@riellodecba @LuisCaputoAR tasa de cupón ≠ tir de un bono.

economista?

[Joaco Pastor @PastorJoaco]

@BustosNeta @grok @elonmusk increible

[Punt Road @punt_rd]

There’s a grunge themed wrestler named ‘Steven Flowe’ whose theme song is ‘Even Flow’ by Pearl Jam, except all the lyrics are just his name.
Please also note as commitment to the aesthetic he has on double flannel.