\n<\/p>\n
Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.<\/p>\n
The CEO, who famously studied philosophy and earned a PhD in social theory, implied in Palantir\u2019s quarterly shareholder letter that these were the kinds of capitalists who gave rise to Marxist socialism.<\/p>\n
\u201cThere are Marxist overtones and undertones to our business,\u201d he wrote in a letter to shareholders about Palantir\u2019s outstanding quarter<\/a>. \u201cOthers, including many of those building large language models, intend, knowingly or otherwise, to capture the means of production of their purported partners.\u201d<\/p>\n To be clear, AI labs have hardly cornered Palantir out of the market. Quite the opposite. The skyrocketing use of AI helped Palantir achieve record-breaking results. For its second quarter, the company reported<\/a> $1.9 billion in revenue, up 93% over the year-ago quarter, and $1.1 billion in profit, \u201cmore profit in a single quarter than we did in total revenue in the same period the year before,\u201d he wrote.<\/p>\n During the quarterly conference call with Wall Street analysts, he explained his analogy further, relying heavily on a sort of \u201ctech bro patriot\u201d jargon common among defense tech companies. (Palantir\u2019s senior leadership is entirely male.)<\/p>\n He asked on the call if companies are going \u201cto buy into a future\u201d where your job helps your \u201cadversaries win, and everybody who does win is a small, tiny group of people living in a tiny place that somehow believe because they eat vegetables and they don\u2019t support war fighters that they deserve to have the total means of production of this country? And the rest of us should just sit back and absorb the cost of that revolution, which we\u2019re paying for.\u201d<\/p>\n Palantir, in contrast, serves model-agnostic AI and analysis software to governments and enterprises, and allows organizations to control their data as well as their AI \u201cexhaust,\u201d aka, their prompts, orchestration, and context.<\/p>\n \u201cHow are we paying for it? In the enterprise context, people sign up for token self-pleasurings\u2026 at real cost like other forms of self pleasure,\u201d he said. \u201cYou are paying for the right for them to migrate your IP, your know-how, your expertise to their model, so that they can build a competitive business that doesn\u2019t require your business or people. And why are they doing it? It\u2019s actually being done for what they believe are moral reasons. They are superior to you. They deserve to colonize your enterprise.\u201d<\/p>\n Jarring language aside, he is making an underlying point that is increasingly being repeated elsewhere, including from the likes of Microsoft CEO Satya Nadella.<\/a><\/p>\n This theory points to the significant list of companies<\/a> that partnered or paid for Anthropic and OpenAI while the AI labs launched similar businesses ranging from design tools to healthcare operations, legal, even drug discovery.<\/p>\n The truth is, none of these companies are economic villains or heroes \u2014 anymore than other for-profit companies are. AI is growing so quickly, the market changing so rapidly, there is clearly room for all, Palantir\u2019s results show.<\/p>\n<\/div>\n When you purchase through links in our articles, we may earn a small commission<\/a>. This doesn\u2019t affect our editorial independence.<\/em><\/p>\n