The Real Reason Palantir is the Best-Performing Stock of 2025 (Video Short) (www.youtube.com)

submitted 4 days ago by technocrit@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

4 comments fedilink hide all child comments

Palantir stock is skyrocketing, driven by huge government contracts for immigrant tracking and mass surveillance. It’s the best performing stock on the S&P this year, ahead of Nvidia, Uber, Starbucks, Coca Cola, and Bank of America.

For many institutional investors like commercial banks and hedge funds, the company’s foreboding image is not a sticking point; it’s a selling point.

you are viewing a single comment's thread
view the rest of the comments

[-] supersquirrel@sopuli.xyz 18 points 4 days ago* (last edited 4 days ago)

The only profit model left for AI/big tech to put off the bubble popping is selling the means to obscure culpability in violence.

This is a safe haven for silicon valley because the more broken, complex and wasteful their tools are the more useful they are as camouflage for obscuring fascism.

Palantir is the only business model silicon valley has left that it can rely on. In all the other ones the broken promise of AI is a liability.

[-] FlashMobOfOne@lemmy.world 5 points 4 days ago

Palantir is the only business model silicon valley has left that it can rely on

This is an excellent point.

this post was submitted on 09 Aug 2025

43 points (100.0% liked)

Fuck AI

3707 readers

1259 users here now

"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

founded 1 year ago

MODERATORS

VerbFlow@lemmy.world

MrMcGasion@lemmy.world

TootSweet@lemmy.world

BigMikeInAustin@lemmy.world

cynar@lemmy.world

drmeanfeel@lemmy.world

pavnilschanda@lemmy.world

CriticalMedicine@lemmy.world

WonderfulWanderer@lemmy.world

Communist@lemmy.ml