Do you believe that thesis?

No. I think it is convenient fear-mongering designed to sell Palantir products. Who gets a 26-minute segment on CNBC unless they are saying the world is going to end and the biggest AI companies are going to get nationalized and their investors are going to lose everything? That narrative got him the airtime. Palantir's pitch is essentially that you should use their sovereign AI approach instead of Claude or GPT because your data stays protected. That is a legitimate product pitch, but the doom framing is exaggerated.