[Music]

Sometimes traditional stock analysis

just lets you down. That's how I feel

about the stock of Poundinger. A billion

dollars in quarterly revenue for the

first time ever. The stock has just

ripped. They have delivered here beyond

the expectation and the expectations

were obviously remarkably high. Carb's

the kind of guy who kicks you know what

and then he gets in your face afterwards

and he tells you that he just did that.

As usual, I've been cautioned to be a

little modest about our bombastic

numbers. If you work for Palanteer,

everyone knows you're good.

>> And to all supporters of Palanteer,

merry Christmas and a happy New Year's.

And to all people who hated on us, enjoy

your cult.

Ladies and gentlemen, please welcome

Palunteer CEO Alex Carp.

[Music]

Great to see you. Thanks for coming out.

Hey, man. How are you? Awesome.

[Music]

>> How are you

>> doing? Well,

>> thanks for coming out.

>> By the way, thank all of you guys.

>> Great crowd. You have the best people.

>> You have So, you have a lot of fans

here.

>> Yeah.

>> Yesterday, we also had a number of

protesters.

>> Hopefully enough.

>> Why are they What are they protesting?

They're protesting Alex Karp being here.

Categorize for me what's going on. Who

are the protesters? Why do they protest?

Who are the fans? Why do they love you?

What can you see?

>> Good taste. Good taste.

Um, well, there is an issue of taste.

And I think actually, um, you know, like

you always have to kind of try to steal

man the other side.

And so like probably the people

protesting me just have heard that they

should protest me. But you know I if you

ask why could they have an argument or

why do why should you like me love me

some cases honestly some of you guys

like and love me more than I like myself

which takes a little work but um uh the

um I think this audience as an example

though is almost unfair because builders

basically learn from watching

like highly highly talented people

basically put a discount rate on

everything anyone says and measure

accomplishment based on outperformance

against that discount rate. And you'll

find if you're managing future builders,

a lot of pal anyone who's palunteer in

shaped that de facto you get street cred

by outperforming against expectations

where expectations are are are are kind

of multiplied against a high discount

rate. So I think what you'd find in this

audience is two things converging. one,

you know, the journey of Palunteer is

completely counterintuitive and

especially technical experts. You know,

the FDE thing was viewed as like you

weren't going to get a multiple. I was

viewed as like this magical wizard who

could get the smartest people in the

world to work on something that was de

facto stupid. Um uh uh we were quote

unquote terrible at public relations and

we stood up for the US government even

when it was really really unpopular. Uh,

and then there are a lot of people in

the audience who agree with that. But I

think as importantly, look at the

results. Look at the fruits we bore.

Look at the people we have on our side.

And then you get to the other side. And

again, it would be easy just to dismiss

the other side as I don't know, stupid.

They don't know what's going on. Um,

let's just take the intellectually

rigorous version of why you would be

against what we're doing. there's a

misconception

uh that AI and tech is going to exclude

everyone who's not in this room. And so

a lot of people who are protesting

actually what they're protesting is

there's no way to get in this room. And

in fact, the way the way aptitude and

the way the imple the implementation of

things has worked, they're just wrong.

And because they've assumed that, they

then go into what I would call super

regggressive non-working philosophical

or empirical models where they assume

the losers are noble. But actually what

they're really assuming is they can't

win.

>> And then you get to um then you get to

more subtle things. I do think there's

an issue with our lead institutions that

have taken the best and brightest and

most valuable things you could teach

someone and have turned it into some

kind of Stalinistic that is

anti-correlated with everything that

that works in the west which is like

individual accomplishment and uh and if

you had to if you had to say what is the

central val what is the central thing we

do in America better than anyone else

it's like allowing people to express

their individual artistry in a way where

you win like with no apologies. And then

because they think they're on the loser

side of this, they assume morality can't

be against them. And then they are

trained to to to believe that and to

understand it. Of course, if you're a

professor at Berkeley teaching about

Haidiger, you think losing is good

because you lost.

That's that's of course the whole reason

you you think that. You think that

because you are the noble loser and this

but again where it gets super super

dangerous and where I do think we have

to do a better job is you can't just

assume there's no truth in what they

believe which is like we have not done a

even adequate job of helping people at

the bottom

>> is um some part of their criticism about

um the situation in Gaza

>> oh so that I'm getting now you can get

to. No. Well, first of all, I get yelled

out about, you know what I get yelled at

most about is actually enforcing the

border. That's number one. So, like I

get

>> our southern border.

>> Our southern border. Like, so again,

I'll go through all three issues. I get

yelled at about first of all, for

decades, I got yelled So, they're

legitimate issues to go over, but I just

want for those of you who don't know the

history. I've been yelled at for 20

years and protested primarily for

supporting special operations in

America. And you just got to imagine

that I'm being protested for bringing

soldiers home alive and killing our

enemies. And these are people who serve

our country and have been largely

screwed by both parties. Like both

parties have totally screwed them. And

so I've been yelled So that's that's

what I got yelled at. Uh my and then I

got yelled at about that every single

day. Then I got yelled at under Biden,

under Obama, Biden. And especially

obviously if Trump's doing it, you're

definitely getting yelled at for

enforcing the border. Now, I want to say

I don't understand how in the world of

AI you cannot be for somewhat of a

constrained border because we can make

it work for every single person who's

actually American and we can make

laborers more valuable. We need extra

labor that's not inv either completely

the most talented in the world like many

people in this room or who are bringing

skills. Also, we have enough

transparency. You can't you can't say

you don't know who's in your country.

It's complete BS. It's completely

anti-correlated, by the way, with being

progressive. I grew up in the most

progressive family ever. And every

Friday night at Shabbat, there was a

lecture on how the Republicans are

screwing our country by undermining the

worker and bringing in cheap labor. So,

okay. So, I got yelled out about that.

So, and then I fought about that

actually mostly and then commercially

got yelled at about how could you have

these FDES is going to blow up your

multiple. Um, now everybody wants to be

an FDA, but okay. So now you go, now I'm

getting yelled at primarily about ICE.

What's going on? How's it going on?

Who's is the treatment just? The one

thing I would say, and I can we can go

through each one of these individual

things. The weird, the obvious fact is

if you care about not being surveiled

illegally, if you care about the

treatment of people who come into the

country illegally but deserve adequate

treatment, if you care about lives in

Gaza, in Ukraine, and all over the world

where Palunteers used, you're going to

want the best software in the world

because it's the only way you can reduce

and more precisely target the people and

justifiably and actually the only way

where you can say this person did this

and they deserve to go. And so, you

know, um and and and each one of these

things has to be steelmanned and and

then

>> let's do that for the the second one,

the border. Uh Tucker said yesterday

when he spoke to President Trump, there

was no way to know is there 30 million

are there 30 million people here

illegally, 40, 50, whatever it happens

to be. You say you call BS on that. We

could easily do it. Is

>> No, I just say we could easily do it.

And I'm not calling BS on that. I'm

actually saying it's a very, very hard

problem. But in the world of AI and

software, you can't say it can't be

done.

>> It could very easily be done if we put

cameras everywhere and we just did

facial recognition. But we don't want to

live in that.

>> It could be very easily done if you

evviscerate our civil liberties. Yeah.

That's not being done,

>> right?

>> That's like I could I could grow your

revenue at 400% but I'll lose money in

perpetuity is not a business.

>> Yeah, of course. And so let's talk about

what the solution to that would be. The

the border issue is actually a a bit

overstated. You have 80 90% of the

country believes the border should be

orderly. That is actually something that

most people

>> Okay. Sorry, I just got to interrupt

you. 80 90% of people believing in it

happening are completely just

non-connected.

>> Of course, whatever the reason the Biden

administration didn't do it, you know,

that's over and now we're here and it's

closed. But what would your solution be

to identifying the people who are

>> Well, again, I I I No, I think you're

jumping over a lot of things. Like it

it's it it happened. Okay. What's

interesting about political parties in

America is that they're anti-correlated

with what they claim. Democrats claim to

be progressive like me. Having a border

is not progressive. President Trump is

conservative. Having a border is

progressive. And that and and

unfortunately until we change the our

polity to the to the people actually get

a say on the border. By the way, the

single best example of this is in

Europe. So how do you explain the

complete dysfunction in Europe? You

know, most Europeans, Germans, there are

many Germans in the audience. Hello. Um,

how many of you guys don't how how many

of you guys are happy with the

immigration situation you have in

Germany? None. How many will talk about

it publicly? How many will do anything?

And then you get to these issues. The

polity will frame the issue so that

there is no solution. The only solution

is to accept a solution no one wants.

And that's what we had. And it's not and

and part of the problem. The reason the

border is such an interesting thing is

the reason you get an open border is

politicians do not want to address the

real problems of the society which would

mean the workers of today have more

value tomorrow than they have today

because they have no earthly clue how to

do that. They're like, "We'll just open

the border and we'll get free labor and

if you're on the left, we'll get people

who will vote for us." And that it's

like, but and the reason the way in

which if you kind of steal man your

questions, Gaza, Ukraine border, you

have to raise the moral standard. So

it's it's not again the way you led this

is like if we just put up a camera. Yes,

you can stop terrorism or you can have

civil liberties is a little bit like you

can have growth without revenue, you can

have revenue without growth. If you want

to solve the problem, you have to

increase civil liberties and stop people

from being in your country illegally.

And the reason it doesn't happen is

because there's slippage in the

execution, which is absolutely

purposeful. And if we don't want this

country to be what Europe is now, and I

lived in Europe most of my life, my

grandmother, if German law was made any

sense, would be German and I would be

have a German passport. If we don't want

that, you have to close the border. You

have to make sure that people who have a

right to be here get to stay. People who

don't have a right to to stay get

treated fairly. By the way, both sides

have to step up. It's not enough to say

I'm against the border or whatever, but

I have no solution for what's going to

happen for people, which is

unfortunately what my point

>> what's your solution for just your

personal solution for what to do with

the 30 million people who are here

illegally. What would you do?

Well, first of all, I would I mean, my

personal solution would be you divide

the pie. Everybody who's criminal,

criminal, adjacent or has anything to do

with crime is going to leave and I'm

going and I'm going to make it so that

they self-deport because I'm going to

come tomorrow in a way you don't like

it. That's number one. And there's 90%.

>> No, you have a lot of

>> No, that's easy to agree on. Nobody

wants felons here. It's easy to agree

on.

>> Yeah. But but the the the paradigm is

like it's easy because again you're like

civil but any case it these things are

much much harder than they look as an

example. How do you do that without

evviscerating our civil liberties? How

do we make sure the criminals how do you

know someone's criminal? What standard

of of what standard of practice to use

to define if someone's criminal? Are all

criminals the same? Because de facto if

you go broad brush the way you basically

are it's like yes but being in the

country illegally is a felon. killing

someone or potentially kill someone a

different kind. How do you deal with the

people that are around them? How do you

deal with law enforcement people

databases that they're not made public

to you? How do you deal with imputed

data? How do you deal with data? How do

you do do you do predict?

>> But that's the question. So you're

restating the question. I'm asking you

to answer it.

>> Well, I'm restating the question. So

it's a question.

>> I think that's the thing.

>> Let me let me I'm hoping you'd answer

it.

>> Let me let me let me flesh this out a

bit. Um so so look everyone on the right

at least agrees that we should have a

strong border. One of the criticisms or

concerns that I hear on the right or

from civil libertarians is that

Palunteer has a largecale data data

collection program on American citizens.

So not foreign terrorists, not illegals

but American citizens. Can you just

clear that up and say that either

Palunteer is not doing that or under

what circumstances you do?

>> Yeah. So, um, first of all, I just want

to like Palanteer

like there's a technical version which

I'm going to give you, but like we we

had a a Democratic administration come

to us and basically ask us to do a

Muslim database. Now, you would think

given the way I'm kind of bismerched as

like some kind of I don't know, it's

like a Jewish conspiracy. That would be

the first thing according to them I

would do. We've never done anything like

this. I've never done anything like

this.

um to actually understand the answer any

and and and I love these questions about

the skeptic because like I actually love

skeptics like I tend to divide the world

into you have Palanteer derangement

system syndrome which I don't spend a

lot of time on and I think they're

anti-builder you have Palanteer skeptics

and you have people who don't like

Palanteer if you're a Palunteer skeptic

or you don't like us I want to engage

and the any technology that works can be

abused we are the single worst

technology to used to abuse civil

liberties which is by the way the reason

why we could never get the NSA or the

FBI to actually buy our product and

until recently like sant institutions

would never buy our product yeah you

laugh because it's like obvious if you

want to do data analytics in a way that

evviscerates our civil liberties you

don't want ales you don't want branching

you don't want pipelining you in in more

like

>> you don't want logs

>> you don't want logs and like a you don't

want serialization and des serialization

in your product if you have

serialization and deserialization of

your product that's intelligible. You

are basically creating a product that's

going to be really really hard to abuse

uh and the logs are immutable in

Palunteer. So like and by the way the

single most civil liberties heavy place

in the world is hating on us every day.

And you know what they're buying every

day? Palanteer. It's called Europe.

>> And you know why? Sorry, I want to get

to this because this is important

because I get basically attacked by

skeptics and anti-palenteer people that

deserve an And by the way, do not, this

is a lesson for you. Do not believe

anything I'm saying. And if you're

online watching, I don't know, Nick

Fentes, Call Me the Jewish Conspiracy,

do yourself a favor and say, "Yeah, that

could be really interesting." Spend 20

minutes looking at the product. 20

minutes looking at the product and say,

"Is this not the hardest product to

abuse in the world? Is it not built to

be? And by the way, and then I'll get to

direct answers of your questions. And by

the way, that's made me very rich

because the civil liberties protections

we built into PG are the same things

that we use to orchestrate large

language models, the same way we

orchestrate internally, and the same

things you will need to make any

enterprise in the world work. Because

every enterprise in the world, public or

private, needs deserialization, alles,

branching, some kind of scaffolding to

make the LLMs work, which means the LLMs

have a have an ability to do a taxonomy

on your business, but without touching

the business, that you can control where

they're deployed, that they don't have

access to your data, that you have uh uh

immutable logs, and that you can measure

the output against both any against

highfidelity data sets that can be

viewed in any way pro permissible, and

that you the permissions are enforced.

So hardest product in the world to

abuse. I'm telling you, we've never done

anything like this. Please verify. Do

not trust me. Certainly do not trust the

PE. By the way, as a rule, the one thing

I would say critical on the outside, do

not trust anyone who's never built

anything. It's so easy to have all these

opinions. You have all these opinions

about how the world works, how data

works, how businesses work, how we got

off the ground. I'm a conspiracy.

Somehow they gave it to me, but not you.

even though like I'd be the least likely

person to get to sue the US government

twice. We had to hire the most important

engineers in the world and be laughed

and shhat upon by the whole world for 20

years before anyone took it seriously

because we were a conspiracy. And you

know why people believe it? Because

they've never had a job. They've never

built anything. And anyone who has no

know there's no that's just not the way

the world works. For me to succeed, just

like for you to succeed, you're going to

have to be 10x better than anyone else

in the room or you will fail. And that's

true for me. That's true for you. That's

true for every American.

>> And it's always been true.

>> It's always been true. And any Sorry.

Sorry. I gotta get to this. And anyone

who tells you anyone anyone anyone who

tells you that's not true is you are the

mark. You are the mark. If you're being

taught, and that's what I would tell the

protesters or the college, you're the

mark. They're telling you I'm succeeding

because I just got it handed to me and

somehow it's unfair. No. No one handed

anything to anyone at Palunteer. PG is

still the best product on the market. No

one even tries to compete it foundry. Go

ahead. Go try to build it. Try to

organize a team of people as good as

Palunteerians. Go ahead. Try try try to

do it for 20 years. Try to build a

visioning game.

>> I would like to try to ask a question.

>> Sorry. One second.

>> All I want to say is I'm glad you're on

our side.

>> So then my lord try to try try to try

try I don't need it. Try try try to

build ontology and fds five six years

before anyone thought it was try to

raise the capital. try to be laughed at.

But to your questions, no, we are not

surveilling uh US citizens. No, our data

is not being used to aggregate and to

create uh imputed uh way because you

could say, do you do it directly? Do you

do it indirectly? That's a fair

question. No. Would I do this? Don't

have to believe me, but I've never done

it in 20 years. I've told every single

important per I I do a lot of

constructive engagement internally like

with countries because, you know, people

know I'm kind of on their side in the

west. I I've told every single major

leader that's ever that I would not do

something and it's cost and by the way

it's cost Palunteer a lot of money. We

never worked with China. We never worked

with Russia. We never worked with

adversarial. We got laughed out of the

same room.

>> Okay.

>> Okay.

Um

this morning

there was a report um that there was

some sort of an attack that Israel

affected inside of Qatar against the

terrorists of Hamas. I just want to give

you a chance to talk about Israel, Gaza,

that whole conflict. You've talked about

it a lot. You have a lot of opinions.

People have tried to obviously attack

you and mischaracterize some of the

things you said. So,

>> well, actually, they've often

characterized what I've said correctly.

>> Oh, so but okay. Um, uh, yeah, I I look

there the Israel they're they're for me

just fun before he gets as big, they're

fundamental issues. Uh, does Israel have

a claim to the land?

Yes.

Does Israel Yeah. So again, like does

Israel have a right to defend itself?

Yes. Has Israel done something America

would not have done under circumstances?

I think America would have been a lot

more brutal. And again, uh, now then you

get to the humanitarian thing and I'll

say abstracting from there. I believe

progressives in this country are working

day and night to hurt poor people in

this country. I don't believe they're

progressive. And I would say I do not I

believe that through direct and indirect

engagement I'm clearly not in favor of

Palestinian innocent people being

killed. I I am not in favor of that. And

and I'll tell you so then the question

is are you allowed to fight war? And

then the po the other point is if you

want to minimize human life, innocent

human life being killed, you're going to

have to use software. And this is going

to have to be better than the future

than it is now. The it's true Israel's

ratio of of like casualty, innocent to

non- innocent, is better than anyone has

ever had in the history of humanity. And

it's going to have to be better in the

future.

>> Does your software help send aid to the

refugees or can it?

>> I the you have to be very careful.

There's a like I want to avoid like I

can't go into exact like I'm not allowed

to say where we're used where we're not

used. Um but then there's there's a

sometimes a trick people do is like oh

I'm not used for this and I'm not used

for that when in fact you know we are

used in Israel and like I would say as a

generalization where word are used in

Israel most people in this audience

would be very supportive of and it's and

it actually has been very precise and

deadly and I support that. Alex,

yesterday we had Tucker here and um he

made some references to opening borders,

declining fertility rates, and actual

programs for assisted suicide in Canada.

All of which may speak to the West's

intention of committing suicide. Do you

think the West generally is committing

suicide? If so, why? What gets us here?

I I mean you have to dis disambiguate

America like I walked around your

audience. This isn't not an audience

committing suicide. This is an audience

fighting to win. Um

and before I get to this question and

the one thing I would tell you guys is

you're going to have to fight to win

because currently I'm one of the few

people other people on stage who speak

up. You're going to have to speak up and

and explain to people why you have the

right to win or it may be taken from

you. And so you're gonna have to you're

gonna have to fight. And by the way,

here I mean I don't mean left right

here. Both parties need a little bit of

kick in the ass here. Like it's like

it's just, you know, we we have a right

to win. We need to win. And you have an

individual right to fight to win in this

country and it should not be taken away

from you. And it could be if you don't

stand up and tell people, no, your idea

is ridiculous. And I just let me explain

to you how this works. Then I mean the

country I for those of you who don't

know, I spent half my life in I wrote

this PhD in Germany. It's a country I I

know France reasonably well actually. Uh

but um so when I'm talking about Europe,

Europe is obviously not Europe. You have

East and West Europe and and Eastern

European countries are very very

different than Western European

countries. Denmark's very different uh

and the Nordics are very different. So

but generally when people in this

country are in general talking about you

know committing suicide they're really

thinking in their mind's eye Germany.

It's like you have a country with you

know arguably you know had you know

pre-software AI the best industrial base

in the world the best schools in the

world they have vocational schools so

like you know Germany unlike you know

they never neglected their working class

like you have two different kinds of

vocational schools in Germany you have

for like lower level and high high level

vocational training in Germany puts you

on the factory floor doing important

things and you earn a real salary with

real benefits your whole life and have

rights um it has best healthcare best

life and for those of you who embrace a

lascivious lifestyle by far the best

think about it. Uh and so really the

high and the highest level of data

protection, highest level of integrity.

Um best position to win and okay and

suddenly you got you know the energy uh

they basically blew up the energy

market. They blew up immigration and

they blew up essentially, you know,

their tech scene and it's like and now

it's like very hard to ask an answer to

the question, what is the future? And I

as a kind of sideline diagnostic and

like Peter and I who they should be

calling every day on speedale like like

they spend every day talking about us

for those of you German you'll know like

every single day three times a day is

Peter Darth Vader and I'm Lord Cyph. Uh

it's like and like meanwhile they should

be calling us. Um the the way you commit

suicide in the in the west is you stop

believing that the your particular

culture has something superior in it.

Like yes, Germany screwed up a lot of

stuff in World War II, but to believe

that there's nothing special, unique,

and uniquely valuable about German

culture is insanity.

It It's like complete insanity. And

there's nothing wrong with saying you're

proud to be German. Like in German,

you're literally far right of center. If

you're like, "Yeah, it's been sto that

that will put you like like I'm proud to

be German." So like like like there are

even at Palanteer, one of the crazy

things about Palunteer is how German we

are. Like we we take everything to like

every question to like the nth degree

and then recatenate the thing before we

make a decision. every single person at

Palanteer.

>> So, you know, I get that, you know,

Germany has this problem to some degree

with being able to look in the mirror,

but what about France and Britain,

right? They won World War II. Why what

what's why are they pursuing the same

policies?

>> Um, Canada

>> and the policy we're talking about, just

to be clear, is just allowing an extreme

amount of immigration.

>> Well, I'm trying to I'm trying I'm

trying to ask if there's a thread that

can connect declining. Again, the jump

off place here is for very different and

very nonconnected

reasons, they all decided there was

nothing special about their culture,

>> right?

>> And and like and again, Frances would be

even better example because they have a

much better narrative. They actually had

a resistance. It wasn't as big as people

say, but it existed. France, you know,

the crazy thing about LLMs is it should

have been built and I mean the whole

center of gravity should be in France.

Like the two best math cultures in the

world are Russia and France and like we

hire ad nauseium from France. So uh but

France it they gave up on two things and

France actually might even be the better

example. If you in France the for those

of you who aren't French France is

religiously focused on meritocracy. So

they have this one school you have to

get into. It's all about math. And the

reason it's about math is the socialists

in French in France decided that having

like verbal high verbal IQ was a

class-based thing. And so they

religiously into meritocracy and the

whole definition of it is mathematical

aptitude.

France is complicated. You a far right

far left in between somehow and in other

count it's like there it's very hard to

articulate in France why you think

French culture is better than any other

culture in Europe from a French

perspective. And then for example

concretely if you want to build a

product if you build it in France it

should be absolutely mathematical and

aesthetic. If you build it in Germany

it's going to have to be conceptual and

manufacturing base. You're going to have

a different tech scene a different way

of organizing it. And then last not

least and this is the thing we have to

fight for the most. They're they become

anti-ameritocratic. So like if you're in

Germany or France and you're the best of

the best of the best you're going to

wait 30 years before you have a real

job. Why?

>> Because

>> why had they become anti-marritocrat?

>> Well, there's again the people out there

protesting or the people the faculty

members at Berkeley have taught them to

protest the Yeah, the

>> a lot of strays for Berkeley. Uh well we

could pick on Stanford but chance but

but but but they equate morally losing

with losing in the real world with

winning in in the like in immorally and

it it seems like a crazy way to think

because in the end everyone

>> Christian value. So and I asked this

because I heard someone have a talk

about this where the the the moral

spectrum used to be strong and weak. you

know cavemen the strongest would survive

and the weakest would die and that was

how we measured

>> what was right and what was wrong and

then what became right and wrong was

this notion of good and evil turn turn

the cheek compassion etc

>> that the now look I mean there are many

many different schools of Christianity

and so like even in this case like

Lutheran uh Christianity and uh Catholic

French Christianity are are are

basically not correlated they're both

Christian what's special about America

was Calvinism like we are the most

Calvinist culture in the world and

actually the protesters are anti-alism.

What does Calvinism mean? Calvinism

celebrates success. Deacto almost

everybody in America that's that is

whether you're Jewish, Muslim,

Christian, the underlying backdrop of

America is this Calvinist view. And the

anti-calvinist cultures of Europe,

Lutheranism, other kinds of cultures,

they they do equate like, you know,

behind every great success is a great

crime is a is a famous Volarian classic.

And it it's and and we don't have this

in this country. If this slips, you

basically end up in a situation where

everybody who is is succeeding or is

perceived to be in a group that is

disproportionately succeeding ends up on

the firing wall. And what does that

happen to the whole society? your GD you

know one of the more interesting

>> are we seeing that with anti-semitism

>> one what one I get one of the more

interesting facts about France is

between 61 and 91 their G GDP grew

faster than America's

>> so this is a very special culture now

the anti-semitism well I don't

particularly like I actually think it

should be disambiguated I actually like

someone liking or not liking a Jewish

person or being skeptical of Jews that's

irrelevant somebody who has Jewish

derangement syndrome that wants to burn

down the whole society to get rid of the

obvious fact that Jews do well under

marriage crack situation. That's a

problem for everybody, not just for

Jews. And it should be very much focused

like, you know, in private I'm very

critical of like these advocacy groups

and I'm constantly hanging up on them

and of course I'm not going to give you

any money. That's the most ridiculous

ever. Like it's like you're

like what the

go it's like the best culture in the

world and we got to come. But like the

the the the like uh like the the the

thing that becomes dangerous is when you

have like derangement syndrome. And the

derangement syndrome comes from Yeah.

You know you know if you're a classic

the classic liberal inputs have to be

really really fair as fair as we can

make them and outputs are never going to

be fair.

>> Alex, can I ask you about China for one

second? So, we talked with Tulsa

yesterday and one of the things, you

know, just to connect the dots, like we

were able to designate these cartels as

terrorist organizations. There's all

this drugs flowing in. We're trying to

shut that down. The precursors are still

coming in very aggressively from China.

And so, I'm just curious um what is the

geopolitical frame that we need to think

about China in? How much are they

facilitating everything that's happening

at the southern border? How responsible

may they be for the fentinel epidemic in

the United States? How should what

should we do about it?

>> Well, you know, it's funny like

obviously Palunteer and I are wildly

skeptical of the CCP, but you know, I I

think I'm the highest ranked Tai Chichi

practitioner in corporate life in the

world. And it it's like in you you have

>> you're like sorry, say that again.

You're like Slevel Tai Chichi like

>> uh well, you know, like that video that

was very high level internal martial

arts. I'm not at that level, but I I

mean among my corporate peers, it's like

yeah, I have the equivalent in V22 max

terms of like a 72, right,

>> or something like that. And um uh in Tai

Chi and the the you you you the the way

the way the kind of part of the culture

that I admire works like in Taichi is

you you put pressure on all parts of the

system to expose the weak part of the

system internally of your adversary. And

that that is just the way Chinese like

at least Tai Chichi martial arts works

even I mean they're not useful for

fighting but it is very useful for

thinking Tai Chi and um or as useful for

fighting as you know. So um and if you

want to engage the way the way an

engagement with China works is you make

your or in Chai Chi terms you want to

engage with China you better make sure

the internal dynamics of this country

are very strong. It's magically the

external dynamics over there will shift.

They trying to destabilize our country

with fentinel, with Tik Tok, and you

have concerns about

>> Well, okay. Obvious like Yeah,

obviously. But again, I'll tell you

what. So, they're obviously

>> I'm in full agreement.

>> No. Yeah. No, but but like but my

version always of this is it's their job

to stabilize us. It's our job to be

stable. And like I, you know, it's like

when you're most people here are running

successful businesses,

>> it's like well said. It's our job to be

stable.

>> It's our stable. Like if you want to the

Tai Chi version of like you're not going

to have to enter the fight if you're

strong. There is no fight. If there's a

fight, you like the famous martial arts

thing is like if you're in a fight,

you're not a martial artist.

>> Correct.

>> So, and this is like the same thing in

business. Like when you get to the point

where you're competing with someone,

you've really something up. Like if you

look at the pounder version, yeah, do

FTDEs, do ontology, do uh do do

ontology, orchestrate them at scale,

grow 93%. man, people don't want or work

with the US government like people are

like that's kind of hard and really

unfun.

>> Let me give you a precise question here

about

>> um these cartels who are bringing

fentinol into the country. They're

killing a 100,000 Americans a year.

9/11, we lost 3,000 people tragically.

Um if they're not terrorists, then how

would you define them? And should we be

using the same test as to our engagement

with them and should we be eliminating

them as terrorists with prejudice?

>> Um well

I obviously agree with that. Um I I

think honestly the problem is they even

think they can get away with this. Like

one of one of the more interesting

things is when you read people who are

against America taking out you know

these naroterrorists

there it's always something like we've

got to use a reified meaning overly

deterministic form of law to the point

where America has to die. Back to your

question.

>> Yeah. Due process for al Qaeda makes no

sense. It it well it's like the the the

interesting thing here actually with a

point of agreement is uh if you allow

okay to just take like an obvious

example of like fraud human rights watch

okay so they'll take a standard they'll

move the standard and then the

downstream consequence of it is that

we've got to disappear and die right and

then but then even worse than that

they're actually paving the way for a

fascism because Americans and no one

else are going to tolerate that level of

dysfunction. These are killing 50 100

thousand of our people. The fact that

they think they can get away with this

is a real problem. We should just and

and it's like and and the fact that

somebody's going to say it's again you

have the European version. It's like you

know or any it's like if you allow you

have to protect the data and find the

terrorists because otherwise you get a

form of fascism. You get it on the left

because we have terror attacks and

fentinel across our street and you get

it it on the classic far right which is

>> Alex. What did you mean earlier when you

said progressives want you to be poor? I

I may be paraphrasing in it but what

>> the the the modern progressive movement

is clearly not progressive. Progressive

is defined by the working class do

better tomorrow than they did today and

know it.

>> Right. Okay, to do that you need things

that you can do at scale now. Vocational

training on AI based systems. Making our

laborers more valuable obviously closing

the border so that you don't reduce the

amount that you pay people and also

eviscerate legal protections. This is

not progressive. It's not progressive by

the way to have so little competence or

willing to use force that we get overrun

by drugs. Who do those drugs go to?

disproportionately poor people of color.

Yes,

>> it's not progressive to have crime

rates. You know, the to be a civil war

zone, to be a war zone, you have to have

five five deaths per 100,000. That's

like half our cities. How's that

progressive? What you mean? You care

about poor people so much you're just

going to let them kill each other?

>> All right. Can you shift gears here? So,

Alex, I think you've developed a little

bit of a reputation of a defender of the

West, and you've talked about that here.

I'm wondering can you criticize uh any

aspect of of western foreign policy like

for example during the war on terror was

it a good idea to occupy Afghanistan?

>> I've never been in like this is the

thing I I it's like I've never been in

neocon. I actually don't think that's

the pro-western the pro-western

superiority thing is we do what we do

really well. Why are we trying to make

people us? I've never understood this.

By the way, the neocon thing, the prom

migration people and the pro-occupation

people abroad, it's the same philosophy.

I don't actually think migration is

working in the west because people don't

want to change. I don't think like and

why are we teaching the Arab Middle East

how to live better? I the countries that

I won't go into names that seem to love

and rever me and Palier, they're doing

really well. Like they have a way of

living their life. It works really well.

It largely involves different ways of

living than we would. There's no first

amendment. There's really not a fourth

amendment. And I'm not that interested

in that. And so I I don't And by the

way, I think that destabilizes everyone.

So I I completely I am against I am very

in favor of using force where it's

needed. But force a where it's needed

and doing occupation are completely

different things. And you will see

across the world people who want to

convince like I don't know convince

Afghani villagers to be pro- feminist

will also explain to you that the people

that end up coming here are going to be

pro- western in their values three

generations out. is completely

>> I want to thank you for being on our

side and I want to thank my wife for

buying your stock at $20.

>> Thank you.

>> No, Alex, we deeply appreciate you being

here and I think that your voice is one

of the most important voices in the

world today and I thought this was such

an important voice to bring forward. I

don't see you do a lot of long form. I

don't see a lot of your long form get

public. I I think this is so important

for everyone to hear, to swallow, to

digest, and hopefully to evolve and and

grow from it. And I really appreciate

you. Thank you so much for being here

today. Please join me in thanking Alex

Car.

>> Thank you. Thanks. Yeah. Yeah. Thank

you, sir.

[Applause]

Yeah.