From crafting brand stories as a creative director to conquering the stock market. Now a bold investor thriving in the financial jungle, chasing epic returns.
Swedish Public Transport companies wrote a debate article in the Swedish news media DI, asking not to bring Robotaxis to Swedish city's.
Their argument: Less people will use public transport.
You mean the same public transport you are in charge of, where people get assaulted and robbed? Yeah, lets keep that system instead.
A Polish dance group, Fair Play Crew, drew global attention by recreating on stage the stiff and synchronized movements of 1980s fighting video games, such as the classic International Karate.
I've seen this so many times, still cracks me up 😂
Palantir CEO Alex Karp with Teamsters President Sean O’Brien on how tech leaders respond to concerns over trust, wealth, religion, and AI-driven layoffs:
“It's like a cluster fuck.”
“Could it be worse?”
“It's like— ‘We're going to take your job. We're not going to give you anything. We're going to get very wealthy. We don't talk in a way one could easily understand what we're saying. In many cases, we're talking our playbook.’”
“This is definitely not a technology where everyone wins.”
“In fact, on the battlefield, the chief advantage of AI for America— implemented correctly, and certainly with hiccups— is that we should be able to establish ourselves as a military force for which there's no equal.”
“Or at least prevent any other nation from being able to do that. I believe very deeply it would be bad for everyone in this room— and that's something nobody should want.”
“The people who believe they want that are somehow living in a world where that could never happen.”
“I actually don't think our adversaries are amoral at all. They just have a different moral sense of what it means to be a worker— what it means to have or not have a First, Second, or Fourth Amendment.”
“The radical nature in which our rights are protected in direct tethering to a higher being, is even radical in Western Europe.”
“Like— those are literally our God-given rights.”
“The moral anchoring of that— especially vis-a-vis a technology that is moving to what you could call superintelligence. Meaning: how do we anchor rights above that technology and fight for them?”
“I would say a lot of the critiques come down to— well, what will happen to me and my children?”
“We are a society divided by class. I would say by gender, often. Many Americans would say by race. I am much more of a classist, but in any case they're disproportionately affected depending on where you are in that stack.”
“Every single one of these things— AI can have a different and disproportionate impact.”
“And then we have the reality that there is no class of people that has as little support as tech leaders in this country.”
“And there is an issue: how much wealth can one very small group of people have without pissing off people or giving them a sense that this is not a fair— maybe potentially rigged— game?”
Via @AmerCompass
$PLTR
Dan Ives on Palantir: "People are missing the free cash flow story going out to 2030. This is how Palantir is going to continue to compound, margin expansion and free cash flow is the story."
Chamath: “The Palantir short is stupid.”
“The Palantir short is stupid, and I think that those people will lose money.”
“The thing that the people that are shorting this company don't understand is that all of these other businesses that you put up there, there is a viable competitor of some kind that you can switch to.”
“Look at the one with the lowest multiple to sales, MongoDB. There's 90 versions of what MongoDB does.”
“I'm not gonna say whether MongoDB is good or bad. It’s actually a good company. It's an extremely well run business, but it's not unique. It's just extremely well run.”
“Snowflake is not unique, but it is well run.”
“Palantir is both unique and well run, and there's no clear alternative, so there's no place to churn to.”
“And so I think the reason why it has a premium valuation is because the duration and the durability of these cash flows are much longer than what you would typically see in any of these other companies.”
“And if people took 1/1000th of a second to actually use their brain, they'd come to that conclusion.”
Palantir CEO Alex Karp on why analysts hate Palantir:
“Of course they don’t like me! Here I am— someone who should not be where I am. I’m having a lot of fun. Mostly. We have the most baller, interesting company on the planet. I’m not ashamed. We’re rolling out. We’re defending Western values. We’re completely meritocratic. I’m not the person that should be having this much fun.”
“They’ve got a frame. That frame was developed in the 50s. That frame doesn’t allow you to disambiguate from weak, medium-weak, strong, and baller product…