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Palantir Head of Defense Mike Gallagher: “Palantir is basically a software company paving the way for a merch company.” “That will eclipse everything we’re doing.” “That valuation will go beyond $300B.” “I am here to talk about the merch store.”

31,051 views • 4 months ago •via X (Twitter)

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NEW: Joe Lonsdale sets the record straight on Palantir: "What Palantir is doing is bringing two things: One, it's bringing competence ...Two, it's bringing a framework of civil liberties where we watch the watchers... I don't trust government... but I do want government to be competent enough to keep our nation safe and to defeat our adversaries and to stop wasting money." Will Cain: There is some concern Palantir is playing a large role in the security, state, foreign affairs and surveillance in America. And I think there's a fair amount of concern, maybe even some skepticism from some who would share other political points of view with you about the role of Palantir. What would you tell them about surveillance and this private company? Joe Lonsdale: So Palantir, first of all, it's doubling in the commercial markets...So it's a bigger commercial company for a lot of its value. It's not just a government company. When we did start to work in the government, you have to see what was there before. There are no audit trails in the watchers. They're abusing data. They were using it incompetently. What Palantir is doing is bringing two things: One, it's bringing competence to do these things well. And then two, it's bringing a framework of civil liberties where we watch the watchers and everyone around them can see what they've done. They can't hide their work. Because I don't trust government. I'm a civil libertarian, but I do want government to be competent enough to keep our nation safe and to defeat our adversaries and to stop wasting money. Will: We're all concerned about government and government oversight, but we also want to guard against a company that has too much power. So how do we ensure that with for example, a company like Palantir, is that through trusting someone like you or Peter Thiel? Is it the trust of your dedication to civil liberties? Joe: So I founded Palantir, but I'm not in charge of that anymore. Other people are in charge; people I admire. What I would say is Palantir is empowering our government leaders. So Palantir itself doesn't take in data to Palantir. Palantir itself doesn't make these decisions. What Palantir does is it lets the people running ICE, the people running the FBI, the people running the Department of War do things more efficiently. And it's up to them to be in charge. It's up to the president himself to be in charge. That's who we have to trust. via Will Cain & The Will Cain Show $PLTR #PLTR

American Optimist

32,523 views • 10 months ago