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    AI nationalization and the risk of market collapse

    A post citing CNBC quotes Palantir CEO Alex Karp warning that unlimited liability could push AI companies toward nationalization, which might “collapse the whole market.”

    JawwwnJA
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    TLDR

    A user citing CNBC shares remarks attributed to Palantir CEO Alex Karp linking unlimited liability to AI nationalization. Karp describes companies offering the government 50% of their business to deal with that liability, and predicts repeated collapses in their value as government involvement grows. He warns the process might “collapse the whole market,” framing nationalization as a consequence of the liability issues being discussed.

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    1 Source, first seen 20d ago

    Combined views

    130.4K

    1 Source, first seen 20d ago

    525 likes
    20d ago
    first seen 20d ago
    525 likes
    33 comments
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    85 reposts
    33 comments
    226 saves
    85 reposts

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    1 Source

    Jawwwn@jawwwn_Palantir CEO Alex Karp says Nationalizing AI might "collapse the whole market" "When you have unlimited liability, the only way to deal with it would be to go to the government and say, 'We'll give you 50% of our business.' Of course, the value of the business will collapse first when you do that, collapse another time when you have people on the board, collapse another time... it might even collapse the whole market." "The only way to deal with this kind of liability is to go to the government and say, 'Nationalize us, please.'" "What is the first lesson in poker and in life? If you think the other person's the mark, you're the mark. You are the mark and it will be nationalized simply because of the liability issues they're talking about." Via @CNBC20d

    1 Source

    Jawwwn@jawwwn_Palantir CEO Alex Karp says Nationalizing AI might "collapse the whole market" "When you have unlimited liability, the only way to deal with it would be to go to the government and say, 'We'll give you 50% of our business.' Of course, the value of the business will collapse first when you do that, collapse another time when you have people on the board, collapse another time... it might even collapse the whole market." "The only way to deal with this kind of liability is to go to the government and say, 'Nationalize us, please.'" "What is the first lesson in poker and in life? If you think the other person's the mark, you're the mark. You are the mark and it will be nationalized simply because of the liability issues they're talking about." Via @CNBC20d