They get hate because support war efforts / police / intelligence.
They do 5 year contracts with the govt then bump the prices once they're sticky, like a J curve, hence the valuation.
Enabling a parallel construction in a surveillance state should draw hate, as it weakens the fourth amendment.
My point isn't that you shouldn't hate on Palantir, but that in doing so often the cause and effect get reversed in people's minds. They think that Palantir is the cause and eroded civil liberties is the result, when the opposite is true.
Right. That's exactly why they get hate. So what's the problem with that?
Hate?
There may be a loss of interest or focus, often related to technological changes causing an atrophy over time, but that usually also just leads to long tail existence that seems to mostly be defined by the duration of the career length of those involved and/or any kind of special interests that can maintain their nepotistic/corrupt advocacy.
It is a function of the empire and the reserve currency status of it, i.e., the “infinite” money printing that causes profligacy that is also an existential threat because it distorts perceptions and reality, e.g., the belief that it does not matter and that no discipline in spending or budgeting is necessary, hence why America has essentially for 56 years now (ignoring the anomaly in 2001) not produced a balanced budget.
I used to work a defense contractor and still have some friends in that industry. One of them told me their project (related to some armored vehicle) was unceremoniously killed overnight a few months ago. As best they can tell it had nothing to do with cost, schedule, missed deliveries, etc -- it was just someone in the administration deciding they don't want to keep paying for it. They work for a very large contractor and apparently this happened to a whole bunch of projects / teams there.