Cyprus Mail
BusinessInternational

Palantir Technologies slams Silicon Valley for lack of values

Palantir
Palantir Technologies slams Silicon Valley in SEC filing

“Our society has effectively outsourced the building of software that makes our world possible to a small group of engineers in an isolated corner of the country. The question is whether we also want to outsource the adjudication of some of the most consequential moral and philosophical questions of our time,” the Denver-based Palantir Technologies wrote in its filing for a stock market listing, which was released on Tuesday (the filing may be found here bit.ly/3htX5fn).

Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year. But the company took the opportunity to slam Silicon Valley for its failure to respect privacy and for mining personal data.

“The engineering elite of Silicon Valley may know more than most about building software. But they do not know more about how society should be organized or what justice requires,” the filing says.

“Our company was founded in Silicon Valley. But we seem to share fewer and fewer of the technology sector’s values and commitments.”

“From the start, we have repeatedly turned down opportunities to sell, collect, or mine data. Other technology companies, including some of the largest in the world, have built their entire businesses on doing just that.”

“Software projects with our nation’s defense and intelligence agencies, whose missions are to keep us safe, have become controversial, while companies built on advertising dollars are commonplace. For many consumer internet companies, our thoughts and inclinations, behaviors and browsing habits, are the product for sale. The slogans and marketing of many of the Valley’s largest technology firms attempt to obscure this simple fact.”

“Our industrial infrastructure and manufacturing supply chains were conceived of and constructed in a different century. Government agencies have faltered in fulfilling their mandates and serving the public. Some institutions will struggle to survive. Others will collapse.”

“Our software is used to target terrorists and to keep soldiers safe. If we are going to ask someone to put themselves in harm’s way, we believe that we have a duty to give them what they need to do their job. We have chosen sides, and we know that our partners value our commitment. We stand by them when it is convenient, and when it is not.”

Related Posts

White House and European Commission to launch first-of-its-kind AI agreement

Reuters News Service

Economy can be boosted through pharmaceuticals, says presidential candidate

Iole Damaskinos

Chiliz (CHZ) fails to capitalize on World Cup activity, Orbeon Protocol (ORBN) hits new highs

CM Guest Columnist

Oil prices firm on upbeat US economic data

Reuters News Service

Cyta hits major fibre network milestone, awards customer with 8 years of free internet

Kyriacos Nicolaou

ShackeCoins.com review: Updated 2023

CM Guest Columnist