government

“I think the right role for government in this sort of science is to support very undifferentiated basic science. That's the, that sort of is the foundation for now the ability to create Entities that are really good at taking that and turning them into medicin…”

“All of life's big problems that are hard to solve are complex, adaptive, human dynamic problems. And all of the solutions that we get from government are complicated.”

“I don't think it's necessary in the government's interest to create, even within the country, a monopoly supply chain. You still want redundancy and you still want options. But let's make sure those options are certainly not as a minimum exclusively in countri…”

“And that's what we find missing from government too much is real hard for performance metrics that are actually met by the politicians.”

“Whereas the government is not getting dynamic feedback and it just continues to grow because they don't have any reason not to.”

“The areas where you've had technology markets with the cost of cell phones or software or TVs, you know, everything is dropped. But the sectors where government's really involved and where government's kind of playing a role like education and healthcare, like…”

“I think we're seeing more and more competition across governments, across countries and crypto and web. Three point now will intensify this greatly and it will be a good thing.”

“Governments get to think on different timescales than say venture capitalists and, you know, startups, right? A government can think on like the sort of 20, 3050 year timescale to say, let's fund exciting biology just for the, you know, Interest and pleasure o…”

“Amazon was far more helpful to many Americans than anything the government did”

“Yeah, we did the first AI treatment for diabetic retinopathy with the company, and it took You know, because you can scan the eye and see if the diabetes might make them go blind, which you can then treat very, very affordably with AI. And it took us years to …”

“The damaging one to me is when there's a top-down thing that's wrong, that's stopping a conversation.”

“And what happened was they seized the gold. They paid people, 20 dollars and 67 cents for them for each ounce of gold. And then they sold on international markets at 35 dollars. So basically purloined almost 70%, 69% of value for the government.”

“When we have areas where the government is growing, is regulating more, is getting more powerful, you see certain corporations start to have the same politics as those people in government. And when you say, oh, these world corporations, what are they doing? B…”

“It was sort of engineered to make sure that a very small number of people succeed very well, but not allow a lot of people to be entrepreneurs. There was a license system. You could go to the government, and they would give you a monopoly on a certain sector.”

“I think if the government puts its mind to it, if it really prioritize it, I don't know about six months now, But I think they could convert three to five years easily to about a year or two and really accelerate the pace of this innovation.”

“Like most of the economy is, is one form of cartel or another. Like, as far as I can tell, it's like, you've got the education cartel, you've got the healthcare cartel, you've got the banking cartel. And then you've got, you know, you've got cartels of workers…”

“So the government should not be funding non-profits. Let's just start there. That you can't, the government, if the government's job is to solve the problem of homelessness, only someone in the government can be charged with that, can be given the budget, ther…”

“There's a sort of, you know, checklist of things that you want to go through, but obviously this is not what government does, because you can have failure along at any of these points, and more often than not, we just go ahead with things, and there's never be…”

“Is we really don't even know systematically why government fails. Oh, we can speculate about many things, but trying to find some hard evidence is this is why government fails. We have a theory. We test it. It applies to many things. We don't have that.”

“There's certain things that government certainly has done that have been successful. Obviously it helped fund led to Google. It's funding you know, genome project, you know, various sort of things like that, where they've given some, you know seed money for in…”

“In this country, NGOs receive over a hundred billion dollars of funding from governments now. It's actually probably a lot higher than that.”

“That's how I've always succeeded at Palantir, and I think at OpenGov as well, as you find, but also you find at the government that there are some good people there, and you partner with them, and they pull you in.”

“We see many governments, believe it or not, that are actually using AI in some cases ahead of certain companies.”

“The first thing was that government only pay for the processes that they're already doing, right?”

“They say they want it, and then they'll offer you 5000 bucks for it. Well, you know what? It costs a lot more than 5000 bucks to build, and a lot more than 5000 bucks to even sell it to you. It's not a business.”

“We're not taking money from the government. We're not taking money from them. We're saying your success in the future is our success, and we're going to create that, that, that philanthropic mentality that's going to, again, put us into a sustainable path in t…”

“You've got to be careful that in picking winners, you don't end up with losers picking the government.”

“There was a kind of a fatal theoretical flaw that they, ah, that they committed, ah, which was to try to create a government that was better than people. They wanted to create governing as a kind of a software program where, If you had a thousand-page rule boo…”

“The government spends a hundred billion dollars a year on just IT modernization.”

“And one of the examples I use Palantir and Roland, SpaceX, all had to sue the government for their first big contract, because the primes were sophisticated at selling, sophisticated at protecting their interests.”