WEBVTT 00:00:00.000 --> 00:00:03.877 joins us this morning with Palantir's co-founder [music] and CEO Alex Karp. 00:00:03.960 --> 00:00:06.517 Morning, Sara. >> [laughter] 00:00:06.600 --> 00:00:10.917 >> Good morning, Carl. It's good to see you. Yes, I am here at Palantir with the 00:00:11.000 --> 00:00:14.317 founder and CEO Alex Karp. It's good to have you. Good to speak with you. 00:00:14.400 --> 00:00:17.397 >> Very nice to be here. >> And and Carl was just talking about the 00:00:17.480 --> 00:00:21.157 Iran war risk, which is influencing the market today and the fact that we 00:00:21.240 --> 00:00:22.917 haven't gotten a deal yet. I know that 00:00:23.000 --> 00:00:26.037 you are heavily involved AI operating 00:00:26.120 --> 00:00:30.917 system for the military. What what is your view on on where the war goes from 00:00:31.000 --> 00:00:35.357 here? >> Um well, first of all, you know, at Palantir, you know, people currently 00:00:35.440 --> 00:00:38.157 focusing a lot on our commercial business and 00:00:38.240 --> 00:00:39.357 there's a lot of interesting things 00:00:39.440 --> 00:00:42.677 there, but once uh war zones uh heat up 00:00:42.760 --> 00:00:45.397 anywhere in the allied world, uh the 00:00:45.480 --> 00:00:49.437 Palantir Maven platform, which um takes 00:00:49.520 --> 00:00:51.357 very valuable LLMs and makes them 00:00:51.440 --> 00:00:54.557 actually lethal and uh useful on the 00:00:54.640 --> 00:00:56.837 battlefield, come into action and then 00:00:56.920 --> 00:00:58.637 the primary focus of our whole company 00:00:58.720 --> 00:01:02.197 is bringing our American uh war fighters 00:01:02.280 --> 00:01:05.517 home safely, meaning that when we engage 00:01:05.600 --> 00:01:07.997 that they engage in a way that it gives 00:01:08.080 --> 00:01:10.757 them a massively unfair advantage, uh 00:01:10.840 --> 00:01:13.397 scares our adversaries, and make sure 00:01:13.480 --> 00:01:15.677 that when they're in action, they have 00:01:15.760 --> 00:01:18.837 an a the best humanly and inhumanly 00:01:18.920 --> 00:01:21.517 possible chance of of coming home safe 00:01:21.600 --> 00:01:26.037 and without injury. And so, the whole company really just focuses on the 00:01:26.120 --> 00:01:27.877 operations of that. 00:01:27.960 --> 00:01:30.797 And um obviously, these things begin 00:01:30.880 --> 00:01:34.237 well before uh the public sees uh and we 00:01:34.320 --> 00:01:37.717 have a wide swath of of Palantirians 00:01:37.800 --> 00:01:41.677 working on various platforms, particularly the Maven platform. And 00:01:41.760 --> 00:01:45.357 then, there are a lot of things that are in the public space. So, Maven has been 00:01:45.440 --> 00:01:48.917 kind of discussed and kind of older versions of Maven have been shown in 00:01:49.000 --> 00:01:51.517 public, but um I think the American 00:01:51.600 --> 00:01:56.397 people would be very positively surprised by the advances in technology 00:01:56.480 --> 00:01:59.517 that really only America has. >> Well, without giving away too many 00:01:59.600 --> 00:02:03.917 secrets, like can you just explain what edge that is that you give our war 00:02:04.000 --> 00:02:06.517 fighters? >> of all, there really two things. Every 00:02:06.600 --> 00:02:09.637 every military force in the world, so you see this 00:02:09.720 --> 00:02:13.117 uh on the battlefield in Ukraine, like one of the big issues the Russians had 00:02:13.200 --> 00:02:15.437 is how do you transform your operations 00:02:15.520 --> 00:02:18.637 into a modern operation? And if you take 00:02:18.720 --> 00:02:23.357 components of Maven, there's basically infrastructure which allows you to take 00:02:23.440 --> 00:02:27.357 older systems and make them newer systems. And then, so that allows you to 00:02:27.440 --> 00:02:30.997 to have a completely integrated battle space, which is super hard because of 00:02:31.080 --> 00:02:35.037 security, clearance, data sources. You have You can think of it as infant data 00:02:35.120 --> 00:02:38.117 with very with some of which is very sensitive, some of which no one else can 00:02:38.200 --> 00:02:39.437 see, some of which everyone has to see. 00:02:39.520 --> 00:02:42.957 You have allies working on it. How do you get that into one plane of glass? 00:02:43.040 --> 00:02:45.597 With the security. How do you then use 00:02:45.680 --> 00:02:48.317 advances in AI and machine learning to 00:02:48.400 --> 00:02:50.997 enhance that uh while making those 00:02:51.080 --> 00:02:55.437 decisions not like what's proverbially called loose AI code. It's just not 00:02:55.520 --> 00:02:58.317 useful on the like None of these things actually are used anywhere on the 00:02:58.400 --> 00:03:01.557 battlefield. So, how do you enhance your ability to see things? How do you 00:03:01.640 --> 00:03:05.357 enhance your ability to go through very complex systems? So, like for example, 00:03:05.440 --> 00:03:08.317 in Ukraine, you're not It's not just getting the drone to the end point. It's 00:03:08.400 --> 00:03:10.197 going through advanced radar systems. 00:03:10.280 --> 00:03:14.597 And then, vis-à-vis Iran, it's 100 times more complicated because they have You 00:03:14.680 --> 00:03:18.557 know, it's like you look at American performance, which has been 00:03:18.640 --> 00:03:21.997 you know, thanks to the bravery of Americans and the ingenuity and I would 00:03:22.080 --> 00:03:26.717 like to believe our tech, very few losses on our side, very precise, very 00:03:26.800 --> 00:03:30.077 controlled, and then in a complete ability You saw this in Venezuela to 00:03:30.160 --> 00:03:34.317 dismantle these things. And so, because the dismantling is happening, we 00:03:34.400 --> 00:03:38.677 underestimate the complexity that it took to do that. It was not possible to 00:03:38.760 --> 00:03:43.477 do these things 2 years ago, 3 years ago, and now America can can can really 00:03:43.560 --> 00:03:47.877 do this with great precision and with very low cost to to us in terms of lives 00:03:47.960 --> 00:03:49.917 and casualties. >> opening up new business in different 00:03:50.000 --> 00:03:52.757 regions for you, the success of what you're saying in the Middle East? 00:03:52.840 --> 00:03:57.357 >> the the the the one of the many secrets of Palantir, people talk about our 00:03:57.440 --> 00:04:00.397 forward deployed engineers, they're trying to copy, talk about ontology, 00:04:00.480 --> 00:04:04.677 they try to copy, talk talk about, you know, how software that's like fine 00:04:04.760 --> 00:04:08.317 software's worthless, but everyone's trying to copy us. So, that's obviously 00:04:08.400 --> 00:04:11.237 and some points of software are not that valuable, but some parts are crucial. 00:04:11.320 --> 00:04:13.797 >> is. >> Well, there are three kinds of software 00:04:13.880 --> 00:04:17.357 really. There's basically you can think of infrastructure, which is like hard 00:04:17.440 --> 00:04:21.837 coded things written into the enterprise that have to be managed on prem often, 00:04:21.920 --> 00:04:24.797 so you maintain maintain the sovereignty of your own data. 00:04:24.880 --> 00:04:29.797 That is not valuable. That is excruciatingly valuable. Then you have 00:04:29.880 --> 00:04:33.557 what how do you manage that? So, like ontology, foundry and other things, 00:04:33.640 --> 00:04:38.357 those things are are very valuable and durable. Then you have FDEs and large 00:04:38.440 --> 00:04:41.477 language models. Most FDEs are just throwing people at a 00:04:41.560 --> 00:04:44.597 problem that anyone else can solve. So, if you can manage so those it's some are 00:04:44.680 --> 00:04:49.637 valuable, some are worthless. Uh free code is essentially very easy. So, 00:04:49.720 --> 00:04:52.477 you have a very different but in any case, um 00:04:52.560 --> 00:04:55.957 what you see in crucial situations 00:04:56.040 --> 00:05:00.477 in Russia, in the Middle East or in Ukraine, Middle East, uh where you have 00:05:00.560 --> 00:05:05.197 to bring home people safely and where your adversary has to be dismantled and 00:05:05.280 --> 00:05:06.837 then adversary don't, you know, the 00:05:06.920 --> 00:05:09.477 Persians and the Russians and the and 00:05:09.560 --> 00:05:12.397 the CCP are exceedingly talented 00:05:12.480 --> 00:05:16.877 technical people in various different ways with very unique and historically 00:05:16.960 --> 00:05:20.357 viable ways of fighting. So, you're not going up against an adversary that's 00:05:20.440 --> 00:05:22.437 just going to lay down. When you have to 00:05:22.520 --> 00:05:24.957 do that, you have to bring your unique 00:05:25.040 --> 00:05:27.517 way of doing something enhanced with 00:05:27.600 --> 00:05:33.397 things no one else has. Those things now are infrastructure software 00:05:33.480 --> 00:05:37.037 uh foundry, Apollo and large language 00:05:37.120 --> 00:05:41.597 models that we are producing managed by us. It is the combination that is legal. 00:05:41.680 --> 00:05:45.157 By the way, you see this in US commercial and the interesting thing 00:05:45.240 --> 00:05:48.837 about what's going on in the world right now, so domestically is you have 00:05:48.920 --> 00:05:51.717 essentially a really important, uniquely 00:05:51.800 --> 00:05:55.997 American movement uh call it Frontier Labs. 00:05:56.080 --> 00:06:00.077 They are There's the way we think about this actually is just philosophically 00:06:00.160 --> 00:06:03.877 and technically wrong. Philosophically it's wrong because it's not doomer 00:06:03.960 --> 00:06:06.117 versus not doomer. It's a hyper religion 00:06:06.200 --> 00:06:11.117 of hyper optimism. They believe all problems peasant peasant present, past, 00:06:11.200 --> 00:06:14.117 and future, including the ones they create and don't acknowledge they create 00:06:14.200 --> 00:06:17.477 are going to be solved by them, including human nature, 00:06:17.560 --> 00:06:21.197 >> Mhm. >> uh disparities in Okay, and then on the 00:06:21.280 --> 00:06:25.677 infrastructure side, enterprises are just fed up because they 00:06:25.760 --> 00:06:29.477 know this doesn't actually work this way and it's not working. And that basically 00:06:29.560 --> 00:06:34.277 is drives our commercial business. On the on the government side, 00:06:34.360 --> 00:06:39.517 we're we are super pro-American, super pro-West. 00:06:39.600 --> 00:06:41.997 >> You've always said that. And you've always said that. I do wonder though how 00:06:42.080 --> 00:06:45.837 you protect the company from getting politicized. I mean, you've worked with 00:06:45.920 --> 00:06:50.357 administrations on in both parties before, but especially, you know, when 00:06:50.440 --> 00:06:54.637 it comes to this war, which is unpopular and the Democrats have been fighting it, 00:06:54.720 --> 00:06:57.877 you know, how how you avoid making Palantir a target in the midterm 00:06:57.960 --> 00:07:00.237 elections or in the next presidential election? 00:07:00.320 --> 00:07:02.397 >> I don't want to be positively overly 00:07:02.480 --> 00:07:05.037 naive. We are trying I am trying 00:07:05.120 --> 00:07:07.437 sometime with success, sometimes without 00:07:07.520 --> 00:07:11.437 to move people that that that AI AI 00:07:11.520 --> 00:07:15.917 infrastructure revolution is a unique opportunity for America because it we've 00:07:16.000 --> 00:07:18.277 developed almost all of it first. 00:07:18.360 --> 00:07:22.117 However, um it it cannot be discussed in 00:07:22.200 --> 00:07:27.357 blue-red terms. Like currently the biggest danger to America is you you 00:07:27.440 --> 00:07:29.597 know, it's like people are like, "Oh, this guy agrees with me politically, 00:07:29.680 --> 00:07:32.757 therefore he's right. This woman agrees disagrees with me politically." They're 00:07:32.840 --> 00:07:37.637 like, "This is a massive massive revolution and there is a danger" Look, 00:07:37.720 --> 00:07:40.797 I've been running around telling people for the last 6 months in private and 00:07:40.880 --> 00:07:44.037 somewhat in public >> The nationalization >> is coming. 00:07:44.120 --> 00:07:48.237 >> And the reason why it's coming is you can't do a blue red debate. This is a 00:07:48.320 --> 00:07:52.877 massive revolution and it's going to there's opportunities only America has 00:07:52.960 --> 00:07:55.957 and there are dangers in this revolution. And for example, I got in 00:07:56.040 --> 00:07:59.637 trouble for saying not saying we would have a draft. I wasn't saying that. I 00:07:59.720 --> 00:08:02.757 was saying we're in a >> Some people think you were advocating a draft. 00:08:02.840 --> 00:08:07.637 >> what I was saying is we're in a massive time of dislocation. And in dislocation, 00:08:07.720 --> 00:08:11.997 we have to find ways to come together as a culture. And while it is the case in 00:08:12.080 --> 00:08:14.837 Silicon Valley that everyone thinks we're going to magically like each other 00:08:14.920 --> 00:08:17.797 because there's abundance and no one has a job. 00:08:17.880 --> 00:08:22.517 Unless we're ending history. In fact, it's actually very much the opposite. 00:08:22.600 --> 00:08:25.797 We're going to have massive resources, but they're going to disproportionately 00:08:25.880 --> 00:08:27.917 go to people who are already wealthy. 00:08:28.000 --> 00:08:31.757 Okay, that is a political problem. You can't just say oh, we're all going to 00:08:31.840 --> 00:08:34.797 have more therefore we're happy. Okay, well, you know, we're not at the end 00:08:34.880 --> 00:08:37.037 >> So, what should the what should the industry do about it? 00:08:37.120 --> 00:08:38.797 >> We have to be we have to be frontal 00:08:38.880 --> 00:08:42.237 about there are issues that are real and 00:08:42.320 --> 00:08:47.077 getting worse like wealth accumulation is totally fine. Even though I am 00:08:47.160 --> 00:08:50.157 actually a card-carrying progressive, I don't think card-carrying progressive 00:08:50.240 --> 00:08:52.357 have anything against >> a card-carrying progressive? 00:08:52.440 --> 00:08:56.277 >> I I I know. The question is not whether I'm progressive. It's the question is 00:08:56.360 --> 00:08:59.677 whether some progressive are progressive. I am progressive. I want 00:08:59.760 --> 00:09:03.557 poor people to have better lifestyle, higher standard of living, all poor 00:09:03.640 --> 00:09:06.037 people. I got in trouble for mentioning 00:09:06.120 --> 00:09:09.517 that, you know, 40 37% of our GD GDP is 00:09:09.600 --> 00:09:13.397 female. 50% of Americans 52 roughly are 00:09:13.480 --> 00:09:18.837 female. There's a dislocation there. 67% of people who have 00:09:18.920 --> 00:09:22.757 who have gone into graduate school are female. These parts of the market are 00:09:22.840 --> 00:09:25.077 going to be put under massive pressure. 00:09:25.160 --> 00:09:29.037 It doesn't help to pretend we're not going to have these problems. In fact, 00:09:29.120 --> 00:09:33.197 the progressive position is progressive because you speak about problems like 00:09:33.280 --> 00:09:37.317 okay, so we have we got we can protect our workforce. Can we protect our 00:09:37.400 --> 00:09:40.837 workforce and have my great migration the way we used to? Can we protect our 00:09:40.920 --> 00:09:45.037 workforce by teaching people the same skills we used to in the past? You know, 00:09:45.120 --> 00:09:48.317 we have a massive program at Palantir to help neuro divergence. Not because I'm 00:09:48.400 --> 00:09:52.557 particularly a good person on that score. I mean, I am dyslexic and some 00:09:52.640 --> 00:09:55.997 people think I'm neuro divergent. But because those people are particularly 00:09:56.080 --> 00:10:00.037 valuable for our economy. And what made someone come to America from all over 00:10:00.120 --> 00:10:01.557 the world? They were neuro divergent. 00:10:01.640 --> 00:10:04.917 They're like, it's not working out for me in my culture. I got to come. So 00:10:05.000 --> 00:10:05.877 >> Okay, I'm glad to hear that. 00:10:05.960 --> 00:10:07.917 >> But but in any case, yes. But But the 00:10:08.000 --> 00:10:11.397 point is we have to somehow get 00:10:11.480 --> 00:10:14.717 everybody around people who totally get 00:10:14.800 --> 00:10:19.517 you know, it's like when Bernie Sanders says, "I'm going to take 50%." Okay. You 00:10:19.600 --> 00:10:21.157 know what? >> You think that's actually going to happen? 00:10:21.240 --> 00:10:24.757 >> I I'll give I'll give you a If If we keep going, Bernie Sand Do you know how 00:10:24.840 --> 00:10:26.677 people don't think I'm progressive? 00:10:26.760 --> 00:10:29.557 In 2 years, they're not going to think Bernie Sanders is progressive. They're 00:10:29.640 --> 00:10:32.757 going to be like, "Bernie Sanders, you only want 50%?" 00:10:32.840 --> 00:10:34.997 What do you What is this 50%? >> we're headed as a country? 00:10:35.080 --> 00:10:37.597 >> We're absolutely headed in that direction. And we're headed in that 00:10:37.680 --> 00:10:39.837 direction simply because the most 00:10:39.920 --> 00:10:42.477 important Leaving the tech aside, which 00:10:42.560 --> 00:10:45.637 is also driving it. The most important 00:10:45.720 --> 00:10:48.277 political decisions in this country are 00:10:48.360 --> 00:10:50.837 going to be driven by Do you understand 00:10:50.920 --> 00:10:53.437 AI? Do you understand what it's doing? 00:10:53.520 --> 00:10:57.357 And as importantly, do you Are we going to tell the American people don't 00:10:57.440 --> 00:11:01.157 believe your lying eyes? Like politicians in the past have done 00:11:01.240 --> 00:11:05.277 this. It does not work. The American people are really wondering what is 00:11:05.360 --> 00:11:09.077 going to happen to them. And the answers aren't all good or bad. And then they 00:11:09.160 --> 00:11:11.437 can't also >> Do you see mass job losses? 00:11:11.520 --> 00:11:13.797 >> It's It's It's It's It's It's It's not 00:11:13.880 --> 00:11:19.037 the job loss the thing that is mass needing to retrain and retool and do 00:11:19.120 --> 00:11:22.597 things differently. By the way, this is an incredibly important American 00:11:22.680 --> 00:11:26.837 advantage as I I spent half my life in Europe. If you just said, "What are the 00:11:26.920 --> 00:11:29.437 advantages they have? What are the advantages we have?" The what The 00:11:29.520 --> 00:11:32.597 biggest advantage we have is our dynamism, our ability to change, our 00:11:32.680 --> 00:11:35.357 ability to rebuild. But we're going to have to use that 00:11:35.440 --> 00:11:38.757 advantage because the jobs of the past are going to be very different than the 00:11:38.840 --> 00:11:41.557 jobs of the future, and we're all going to have to change, and that's going to 00:11:41.640 --> 00:11:44.837 disproportionately affect people, and we need and then we need a common purpose. 00:11:44.920 --> 00:11:47.997 What is our common purpose? And it that's something that we're really 00:11:48.080 --> 00:11:52.677 struggling with, and when you have these struggles, people go to the far right 00:11:52.760 --> 00:11:55.837 and the far left, and they're very charismatic. We should not make the 00:11:55.920 --> 00:11:59.717 mistake Europe has made by not addressing these things, and then the 00:11:59.800 --> 00:12:03.357 only people who win politically are people who may not know what they're 00:12:03.440 --> 00:12:06.757 talking about, but are very charismatic because they're addressing a real issue. 00:12:06.840 --> 00:12:10.797 And in this case, the real issue is Americans are afraid. And by the way, 00:12:10.880 --> 00:12:13.357 the other real issue, and I'll just talk about somebody I've spent 20 years in 00:12:13.440 --> 00:12:17.197 enterprise. We work with the most important governments. 00:12:17.280 --> 00:12:21.597 We are controversial, quite frankly, because we power every single Western 00:12:21.680 --> 00:12:24.797 power that's at war. >> Yeah. >> And by the way, we're also we're all 00:12:24.880 --> 00:12:28.037 Yeah, you know why we're also controversial? They have capacities they 00:12:28.120 --> 00:12:30.317 didn't have in the past, and our adversaries 00:12:30.400 --> 00:12:32.277 >> I know, you continue to make that point. 00:12:32.360 --> 00:12:34.957 >> but the commercial thing, the commercial 00:12:35.040 --> 00:12:38.077 thing enterprises are also unhappy. You 00:12:38.160 --> 00:12:40.277 know, it's not just the man and woman on 00:12:40.360 --> 00:12:45.277 the street that is unhappy with the Frontier Labs. It's in private, every 00:12:45.360 --> 00:12:48.597 single enterprise we deal with. And we have this thing inside Palantir that's 00:12:48.680 --> 00:12:51.877 somewhat controversial, but we keep debating, should we pay people to go to 00:12:51.960 --> 00:12:56.117 large language model companies before they come to us? Cuz people come out of 00:12:56.200 --> 00:12:59.237 there screaming saying this could never work for me. They don't understand the 00:12:59.320 --> 00:13:03.037 enterprise. They don't care about my enterprise. They want a token max. 00:13:03.120 --> 00:13:05.197 >> Okay, so this is you're getting to the heart of it because I think the biggest 00:13:05.280 --> 00:13:09.197 question around Palantir right now on Wall Street is whether the large 00:13:09.280 --> 00:13:12.797 language models, the Anthropics and the AIs, which are about to go public, can 00:13:12.880 --> 00:13:15.597 replicate what you're doing. >> You know what? 00:13:15.680 --> 00:13:18.917 It's it's a real question that no one in 00:13:19.000 --> 00:13:23.357 enterprise factually is worried like, you know, the investors are really into 00:13:23.440 --> 00:13:26.597 it short-term have no idea what they're talking about, long-term end up being 00:13:26.680 --> 00:13:29.637 right. We we we will just debate this 00:13:29.720 --> 00:13:34.237 with the facts. You know, I I've spent all my life for better or worse dealing 00:13:34.320 --> 00:13:37.757 with the most complicated, most enter- interesting enterprises. I'm on the 00:13:37.840 --> 00:13:41.637 ground floor in that, probably like no one else. And I >> you're saying. 00:13:41.720 --> 00:13:46.597 >> They're I mean, most of them are chill chill chillaxing over their latte, 00:13:46.680 --> 00:13:49.717 reading a report about something that they don't understand the technical 00:13:49.800 --> 00:13:53.437 capacity of it. You know, and you know >> But they're hiring the kind of engineers 00:13:53.520 --> 00:13:54.997 >> Yeah, they're great. >> that you have. 00:13:55.080 --> 00:13:59.197 >> That that And those kind of engineers are great engineers. And I'm telling you 00:13:59.280 --> 00:14:02.077 they don't talk to the enterprises or don't understand the technical 00:14:02.160 --> 00:14:06.357 challenge. And also, by the way, the ability to be a great investor in the 00:14:06.440 --> 00:14:09.957 kind of where those That's where large language models are more useful because 00:14:10.040 --> 00:14:14.517 it's it's probabilistic and you don't have to get better than really 51%. If 00:14:14.600 --> 00:14:18.237 you want to manufacture a car and you need a part or you want to send a rocket 00:14:18.320 --> 00:14:21.677 to the moon or you want to put a missile on your adversary's head and bring home 00:14:21.760 --> 00:14:26.197 Americans safely, that stuff doesn't ship. And by the way, and there's not a 00:14:26.280 --> 00:14:29.717 single high-end enterprise like that that would ever put By the way, that's 00:14:29.800 --> 00:14:31.637 before you get to the cultural impasse. 00:14:31.720 --> 00:14:36.757 Like the the When you go to San Francisco and talk to them, their basic 00:14:36.840 --> 00:14:40.237 vibe is we don't have to solve your problem today because tomorrow you're 00:14:40.320 --> 00:14:42.597 going to go away and all of your problems are going to be solved. It's 00:14:42.680 --> 00:14:46.437 largely religious. And then you get to we're going to do we're going to 00:14:46.520 --> 00:14:48.597 replicate Palantir by doing a deployco. 00:14:48.680 --> 00:14:51.477 I mean, it's a complete farce. Like the people who go there to solve the 00:14:51.560 --> 00:14:55.037 simplest easiest problems that sell tokens. 00:14:55.120 --> 00:14:58.317 And they're the part they don't understand, honestly, and I told them 00:14:58.400 --> 00:15:01.757 this, I probably shouldn't, is they don't understand how unlikable they 00:15:01.840 --> 00:15:05.517 are. So, they the product doesn't actually work the way it's very 00:15:05.600 --> 00:15:10.037 expensive and you got to overcome the fact that you may not realize outside of 00:15:10.120 --> 00:15:13.597 San Like actually, I'm not even saying I find them unlikable because actually 00:15:13.680 --> 00:15:16.317 some of the best and most interesting conversations I've had in business are 00:15:16.400 --> 00:15:21.037 like hanging out with some of them, Sam, Dario, others. I I I these are high, you 00:15:21.120 --> 00:15:24.757 know, like you talk to Darii, it's a great time. And he's he does 00:15:24.840 --> 00:15:28.117 >> together at AIG. I was going to ask, is Anthropic are they are they friend or 00:15:28.200 --> 00:15:31.717 foe? Are they competitor >> Well, he No, again, this is Well, I 00:15:31.800 --> 00:15:36.037 mean, most of the things they talk about in public are running on Palantir. So, 00:15:36.120 --> 00:15:38.237 it's like it Now, 00:15:38.320 --> 00:15:43.597 at this scale, we're a nation-state, basically. They are like we are fri- I 00:15:43.680 --> 00:15:45.237 like it's I don't wouldn't and they're 00:15:45.320 --> 00:15:48.477 and he is the he is the frontier person 00:15:48.560 --> 00:15:50.797 of a of the leading frontier model com- 00:15:50.880 --> 00:15:53.117 company currently. And he's gone from 00:15:53.200 --> 00:15:56.637 being way behind to being ahead. 00:15:56.720 --> 00:16:00.277 And he's just a he's a very, very important person. And And I'll tell you, 00:16:00.360 --> 00:16:04.637 he believes what he's saying. I just would say that First, wait. He believes 00:16:04.720 --> 00:16:09.357 all problems in the I think and I impute him or believes all problems of the 00:16:09.440 --> 00:16:13.477 current, present, and future the one are transitionary to a perfect 00:16:13.560 --> 00:16:14.877 future. 00:16:14.960 --> 00:16:18.117 I believe that we need heaven on Earth, 00:16:18.200 --> 00:16:22.317 not heaven in the next in 20 years. And I'm very We disagree on these things. 00:16:22.400 --> 00:16:25.317 But doesn't mean that, you know, it's like we don't agree on other things. 00:16:25.400 --> 00:16:28.997 It's like, you know, they agree on certain national security, we disagree. 00:16:29.080 --> 00:16:32.917 It's It's not It's not as simple as agree, disagree, bad, good. These are 00:16:33.000 --> 00:16:36.597 some of the more interesting, important people in the world. I I'm betting 00:16:36.680 --> 00:16:41.477 heavily and my customers pretty much are on my side that, you know, 00:16:41.560 --> 00:16:46.157 it is not that large language models aren't crucial for the world. It's just 00:16:46.240 --> 00:16:50.557 the implementation is where the value is, certainly in the next 7 years. 00:16:50.640 --> 00:16:53.117 And if you want to ask me what's going to happen in 10 years, I don't know. 00:16:53.200 --> 00:16:57.357 But, you know, the risk of a pathogen uh destroying us >> [music] 00:16:57.440 --> 00:17:00.477 >> is probably as high as >> Is that why you guys are working so much 00:17:00.560 --> 00:17:03.997 on health care right now? >> Um well, you know, the the the the thing 00:17:04.080 --> 00:17:08.237 is these low probability events that shape the world are often 00:17:08.320 --> 00:17:12.637 underestimated. And they are again, they're These are not like These These 00:17:12.720 --> 00:17:16.197 are events that call require software infrastructure, implementation, 00:17:16.280 --> 00:17:18.037 ontology, and large language models. As 00:17:18.120 --> 00:17:21.317 an example, if you have a deadly 00:17:21.400 --> 00:17:23.717 pathogen come into this country, the 00:17:23.800 --> 00:17:28.917 signs of this are going to be very similar to the signs of finding 00:17:29.000 --> 00:17:32.957 a somebody moved a truck by 2 cm and that 00:17:33.040 --> 00:17:37.837 means they're going to attack. Is it is only possible and then the security 00:17:37.920 --> 00:17:40.877 around it which people often underestimate that we do, which is the 00:17:40.960 --> 00:17:45.317 bedrock of the reason why Palantir is indispensable. It's like you can't just 00:17:45.400 --> 00:17:49.197 use data sets in this environment. Each single data set you can think of as each 00:17:49.280 --> 00:17:53.437 single micro part of the data set has to be its own sovereign data set. So this 00:17:53.520 --> 00:17:57.597 whole move you get of what part of the data is sovereign, you can think of it 00:17:57.680 --> 00:18:02.037 we do that at the millimeter level. Like which part of the attribute is sovereign 00:18:02.120 --> 00:18:05.677 to the person. What can be shared? What can be imputed? What can't be imputed? 00:18:05.760 --> 00:18:08.117 What can't be generalized and shared? 00:18:08.200 --> 00:18:12.557 What has to be shared? Which experts can see what under under what conditions? Is 00:18:12.640 --> 00:18:15.717 the measurement accurate? How long is the measurement accurate? Under what 00:18:15.800 --> 00:18:18.557 conditions is it accurate? Who does the implementation? Do they have the 00:18:18.640 --> 00:18:22.717 clearance? What all these things that all those things have to be modeled and 00:18:22.800 --> 00:18:25.597 done in a platform that's been doing this. By the 00:18:25.680 --> 00:18:29.557 way, the cyber threat like how do you can't just run large language models. 00:18:29.640 --> 00:18:32.797 You actually how do you patch what you find? How do you patch what you find at 00:18:32.880 --> 00:18:36.837 scale? How do you is the software you run 00:18:36.920 --> 00:18:40.957 How do you and if you could do all that, how do you have the accreditation to 00:18:41.040 --> 00:18:44.557 work on a secure network if it's never been you've never actually done that 00:18:44.640 --> 00:18:49.037 before? No idea what's involved and you need the accreditation to do it. 00:18:49.120 --> 00:18:51.837 >> So so they're not a cure-all. But finally Alex, I did want to ask you 00:18:51.920 --> 00:18:54.797 about SpaceX cuz it's going public this week as well and I know you've partnered 00:18:54.880 --> 00:18:59.077 with them on on proposals like the Golden Dome missile protection and you 00:18:59.160 --> 00:19:03.397 are working on AI operating I think as it relates to space. So I'm just curious 00:19:03.480 --> 00:19:04.597 how you view that area. 00:19:04.680 --> 00:19:08.077 >> I very optimistic for the future. I root 00:19:08.160 --> 00:19:10.517 for every entrepreneur. I'm rooting for 00:19:10.600 --> 00:19:14.517 Elon. And uh, we partner in some areas 00:19:14.600 --> 00:19:17.037 and probably don't compete in others, 00:19:17.120 --> 00:19:19.517 but it's Look, when a when when when a 00:19:19.600 --> 00:19:22.557 massive IPO, first of all, you know, 00:19:22.640 --> 00:19:24.957 we're so blessed in this country. Like, 00:19:25.040 --> 00:19:26.997 okay, so I mean, I spent half my life in 00:19:27.080 --> 00:19:29.637 Germany. If there was an I IPO, DPO, or 00:19:29.720 --> 00:19:32.717 anything at like the $120 billion range, 00:19:32.800 --> 00:19:34.757 the whole country would be jumping up 00:19:34.840 --> 00:19:37.237 and down. Here we have a country where 00:19:37.320 --> 00:19:40.037 it's like appears to be the one of the 00:19:40.120 --> 00:19:42.597 large, if not the largest IPO ever. Uh, 00:19:42.680 --> 00:19:47.317 it's super cool technology, things that no one else have done, and like I think 00:19:47.400 --> 00:19:51.197 I think most Americans, and certainly I hope all entrepreneurs are rooting for 00:19:51.280 --> 00:19:54.357 success. >> And space? Bullish on Are you bullish on 00:19:54.440 --> 00:19:55.677 space? Are you guys doing something? 00:19:55.760 --> 00:19:59.877 >> Well, again, it's very similar to these other debates. You People underestimate 00:19:59.960 --> 00:20:03.557 that bullish on space if the person doing it knows what they're doing. 00:20:03.640 --> 00:20:07.677 Bullish on Elon and space? Yes. Bullish on space? No idea. 00:20:07.760 --> 00:20:09.757 >> Okay. Alex Karp, thank you very much. 00:20:09.840 --> 00:20:11.517 >> Thank you. >> It's always good to talk to you. 00:20:11.600 --> 00:20:13.277 >> Yeah, you're in great demand. 00:20:13.360 --> 00:20:14.757 >> Thank you. >> Great demand. 00:20:14.840 --> 00:20:17.717 >> Alex [laughter] Karp >> Glad I got on here. Bye. 00:20:17.800 --> 00:20:22.117 >> Um, Palantir, um, defend really defending the company, Carl, against I 00:20:22.200 --> 00:20:24.477 think some of the narratives that we talk about and hear about on Wall 00:20:24.560 --> 00:20:27.477 Street, especially when it comes to the AI software, where there's been this 00:20:27.560 --> 00:20:30.677 rotation out of it and names like Palantir into the into the 00:20:30.760 --> 00:20:34.157 infrastructure plays and potentially the LLMs here. 00:20:34.240 --> 00:20:37.437 >> Vampire Dracula here. If you found value in this video, please smash the like 00:20:37.520 --> 00:20:40.597 button. Let me know your favorite part of the video by commenting below. And 00:20:40.680 --> 00:20:41.917 most importantly, don't forget to 00:20:42.000 --> 00:20:48.120 subscribe and ding that bell. Until next time, keep it real.