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Palantir CEO says 'poor people' are 'the only people who pay the price for being wrong in this culture'
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business11h ago

Palantir CEO says 'poor people' are 'the only people who pay the price for being wrong in this culture'

  • Karp says Americans pay the price for corporate mistakes as leaders chase government help and bonuses follow later.
  • Karp defends Palantir’s long-term strategy, noting past criticisms are now echoed across the tech industry.
  • He argues leaders who seek government support after poor decisions should absorb the full risk of those choices.
  • Karp contends that poor people are disproportionately bearing the consequences of corporate failures.
  • The executive defends Palantir’s government work, denying allegations that it builds broad surveillance tools for the U.S. government.
  • Karp remarks come as Palantir emphasizes accountability and long-term strategy in a shifting tech landscape.
  • Karp argues that those who rely on government support after blunders should face full consequences.
  • The DealBook Summit context framed the discussion around corporate accountability and national security implications.
  • Karp emphasizes that Palantir’s approach remains focused on long-term value, not short-term optics.
  • The remarks were delivered during The New York Times DealBook Summit in New York City.
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