Alex Karp on AI regulatory capture: "Its every mark. They don't realize they're the mark… If they don't nationalize every client will sue
byu/Foo_The_Selcouth inwallstreetbets
Palantir CEO Alex Karp is making an unusual argument: frontier AI companies face so much potential liability that they may eventually need government protection or even nationalization to survive. He says businesses fear AI labs are absorbing proprietary data and trade secrets, then turning that information into products competitors can use.
There is a conflict of interest worth watching. Palantir sells the alternative: secure, controlled AI systems that keep customers in charge of their data. Karp is criticizing competitors while promoting his own business model. His warning about liability deserves attention, but don’t mistake a competitor’s sales pitch for an impartial safety assessment. If taxpayers end up absorbing the risks while private companies keep the profits, that’s regulatory capture with a government guarantee.
https://finance.yahoo.com/technology/ai/articles/palantir-ceo-alex-karp-says-104509380.html
h/t Foo_The_Selcouth
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