Palantir CEO Alex Karp says many believe we are in an AI bubble because ...

00:00Well, I mean, our adoption accelerates beyond our capacity. >> So, it it the um I think if you just buy large language models off the shelf and try to do any of this, it won't work. >> It's a commodity. >> It's and well, also it's not precise enough. It like you can't do underwriting with a you can't you couldn't do any of these things that are regulated. So moving to like everybody there's not like the the problem with adoption at this point is people have tried things that just can never work like buying you borrow a large language model you put it on your stack and you wonder why you know it's like not working and so what you're going to see especially in America is people trying to do something

00:46like what we do withtology maybe by hand because once you build the software layer to orchestrate and manage the language language models in in a language that your enterprise understands, you actually can create value. And I don't I I think like there's like there's a lot of discussions like are we in an AI bubble? What is the meaning of the bubble? Well, it's like I I think what if anything we're just in a lag where there's a lot of AI some of it works. Again, if you go back to the battlefield context, like it most pe everybody in the world assumed this would not work, but now it does work. And so now the question isn't does it work, but how can we get it to work for my country? And this is exactly

01:27what's happening in >> companies. It's like, oh, this company it worked, mine didn't. What are you doing? >> Like for example, I mean, if you want to just make it like parochial to us, Palanteer barely has a sales force. In fact, it seems to be getting smaller every time I go see them. And it's like and it's simply because you're laughing because you know it says Palanteerians here, but it's it's getting smaller and smaller and smaller. And um and it it's not because we're trying to save on the unit economics. It's actually because it is a low trust environment in AI. People have tried lots of stuff. A lot of it hasn't worked. But if you've delivered stuff that does work, why do you need a salesforce? like you you you just it

02:10sells itself. >> Well, you have to say, "Hey, don't talk to us." >> And then on that's that's that's that's on commercial in government >> at this point. It's really we don't like we don't we it's it's it's very hard to export simply because we have to train the people and we have limited bandwidth. >> I was going to say that's your limited bandwidth, the training once somebody takes on your your software. Well, in the government contest, every every country like obviously has the equivalent of a security clearance, right? So to use our to build to build ma project maven or maven into your architecture, you're going to need somebody with the highest level of clearance that also is technical and

02:52most technical people unfortunately are not going after the highest level of clearance. So there are very very few people like that. So the that that resource is super scarce. Uh and then they have to be trained and that that takes that can take a while and and and then you also have to have like anything you really have to believe in this and really think it's important and you know not everybody fits in that category.