It really raises an eyebrow how many of these companies lack profits.
Palantir was founded in 2003. After 17 years of work, they are losing more money in a quarter than most people can earn in a lifetime.
I personally think the situation is stupid and it is foolish to "invest" in such a company. However, in the event that this works out, there are going to be some great counterexamples to the idea that only governments can think long term. If this path ever leads to profits it is a plan executed on a grand scale. This is a baffling form of might-be capitalism.
Palantir was founded in 2003. After 17 years of work, they are losing more money in a quarter than most people can earn in a lifetime.
I personally think the situation is stupid and it is foolish to "invest" in such a company. However, in the event that this works out, there are going to be some great counterexamples to the idea that only governments can think long term. If this path ever leads to profits it is a plan executed on a grand scale. This is a baffling form of might-be capitalism.