The vision of the CEO of Palantir Alex Karp “The Republic of Technology” is facing Harvard’s economic criticism: “Market contempt” – Palantir Technologies (NASDAQ: PLTR)

like Palantir Technologies Inc. PLTR The shares rise by 20.97 % on an annual basis and a professor at Harvard and Economic University Jason Foreman He presented a criticism of the CEO Alex CarbA new book, on the pretext that it gives priority to cultural solutions on the recommendations of concrete policy.

What happenedForeman wrote on X that the “Technology Republic” by KARP and Palantir, CEO’s office Nicholas Zamiska “The close preachers between the government and technology are related to solving major problems from defense to the climate,” but criticized that “their solution depends on culture, is the contempt of markets and is not interested in government policy.”

In his detailed review, Foreman described the book as “perhaps the cultural argument I read about what happened in great technology and how to fix it.” He pointed out that KARP and Zamiska want to reflect the Silicon Valley their approach: the national Americans who support national interests instead of focusing only on consumer products.

The book argues that “the software industry must re -build its relationship with the government” to address urgent challenges, but Foreman found himself “pending policy solutions” that have never been fulfilled. Instead, the authors offer cultural transformations as a basic treatment.

“I find myself sympathetic to many of their cultural arguments,” Foreman admitted, but questioned “their contempt for a classic liberal concept of capitalism” and the lack of concrete government policy proposals.

See also: Muhammad Al -Arian says next week, “packed” with data for global markets, such as inflation measure at the Federal Reserve, the central bank movements, and dominates China’s expectations

Why do it matter: The timing of the book is remarkable, as the market value of the Palantir increased to $ 207 billion, as it exceeded the traditional defense contractor Lockheed Martin Corp. Securities Wedbush analyst Dan Eve Palantir was called “Messi of Ai”, which is expected to be 2025 for the company’s AI platform.

Karp, who recently owns Palantir It rose to 12.8 billion dollars from $ 2.2 billion At the beginning of 2024, he emerged as an executive of technology in the United States. The company is scheduled to join the S&P 100, which enhances its impressive height during the mutation of artificial intelligence and the president Donald TrumpReturn to the presidency.

PriceBalnoter closed at $ 90.96 on Friday, an increase of 4.09 % for this day. In post -working hours trading, the stock rose to 91.21 dollars a little bit, and gained an additional 0.27 %, according to what it said. Data from Benzinga Pro. Over the past year, the Palantir stock increased by 271.11 %.

Benzinga Edge categories tell the full story about why Palantir has a distinct evaluation. Check the degrees of momentum and growth here

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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.