Palantir CEO Alex Karp said on Wednesday French restrictions limiting government use of US-made software were proving counterproductive. His comments followed France’s decision to replace Palantir with domestic provider ChapsVision at intelligence agency DGSI over data sovereignty concerns. Karp said Europe’s regulatory environment was hurting competitiveness.

  • Zedstrian@sopuli.xyz
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    3 days ago

    Palantir CEO Alex Karp said on Wednesday French restrictions limiting government use of US-made software were proving counterproductive.

    Counterproductive to Palantir’s profits perhaps, not to French data sovereignty.

    • Melobol@lemmy.ml
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      3 days ago

      A bit of growing pain is expected - if they keep it up on long term they will be better off.

    • saimen@feddit.org
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      3 days ago

      Karp said his warning was not commercially motivated.

      “We have a very small presence (in France). We’re not really trying to expand,” he said.

      No you don’t understand. He is just deeply worried about France and only he can save it. /s

  • Brave Little Hitachi Wand@feddit.uk
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    Unpopular point to make but Karp might be one of the most dangerously intelligent members of the broligrarchy. It’s worth watching his moves even if “CEO sales pitch” doesn’t feel like news.

  • hperrin@lemmy.ca
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    3 days ago

    This is a salesman giving a sales pitch. I wouldn’t say that’s newsworthy.

  • doleo
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    3 days ago

    Europe’s regulatory environment was hurting competitiveness.

    The worst thing is, I’ve met people that actually believe this shit. In fact, one of them even said that the housing crisis was because there was too much regulation.

    • nimisnimi@lemmy.ca
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      3 days ago

      Regulations and administration burden is not some kind of a weird opinion or wild fantasy - these are real facts.

      For instance, simplification of regulatory burden for businesses is declared as one of the things the European Commission is aiming for.

      • doleo
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        3 days ago

        boohoohoo - I have to follow pesky regulations while I plunder and exploit.

    • ComfortableRaspberry@feddit.org
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      3 days ago

      American investors started to buy into German housing and health care markets and it’s horrible. Like fucking little parasites…