Peter Thiel, reportedly the son of Nazi Germans who left the country to maintain wealth while avoiding guilt and reparations for genocide, has been telling reporters he didn’t believe SVB would fail when he instigated a $50 billion run on the bank that collapsed it in 48 hours.

There are two key lessons here.

One, Thiel has been an unapologetic monopolist who tries to wipe out others’ safety and prosperity for selfish gains… as if he’s trying to live in a game called Monopoly.

Hearing him say he didn’t believe he would wipe out his targeted opponents is like hearing he didn’t believe he would win at Monopoly (while allegedly doing everything in his power to win by wrecking his opponents, and society in general).

How modest of him… to refuse to accept guilt (a symptom of Nazism).

His conspiracy to drive money from SVB to his own company (Brex) seems to have started around last August. It looks like a coordinated plan that was unleashed late 2022 with intent to abruptly transfer power from regulated institutions and widespread groups into his monopolist hands.

Thiel had primed Brex for direct competition with SVB and, as his bank run picked up volume and velocity, began cruelly marketing success as a huge Brex influx of fear-based deposits.

The icing on this gross monopolist cake was Brex then taunted regulators by claiming they were positioning for the same run but at 10 times SVB (Brex spreads giant VC deposits across nine banks simultaneously). It’s as if threatening worse and worse catastrophe is Thiel’s signature move for why he’s going to be the only winner. Did I mention his family seems to have left Nazi Germany (for South Africa, where they profited from Apartheid) to avoid accepting guilt?

The Monopoly game probably never would have sold in America if they had just been honest and called it fascism.

…monopolies and cartels brought the Nazis to power and [lawyers] warn that rising concentration in the American economy could similarly threaten democracy. …the German experience with Nazism lends support to the idea that extreme concentration of economic power enables extreme concentration of political power.

Apparently openly referring to oneself as a monopolist, while refusing to condemn Nazism, is popular on Wall Street?

Two, anyone doing business with Palantir should evaluate whether they’re in high risk of being targeted from within for huge loss, or they’re being used to facilite societal collapse for Thiel’s personal monopolistic gain. Or both. Those are the choices, unfortunately.

On that point, SVB wasn’t the only giant venerable institution being targeted by the monopolist last summer, if you remember the NHS controversy.

We’re very concerned that this latest move to force more [British] patient data into Palantir has been done with zero public input or consent.

Now it’s being reported more clearly how the same guy who just drove a large public bank collapse into his pockets, also has been on a mission to collapse public healthcare.

…leaked documents reveal that NHS bosses have now ordered a rollout of Palantir software to hospitals across England, in a seeming breach of that promise. The firm has also exploited a weakly regulated ‘revolving door’ in the NHS – poaching at least three former NHS data experts – as it chases the “must-win” contract. One of its recent hires, Indra Joshi, served as head of artificial intelligence for the NHS and helped launch the Covid-19 datastore – the first NHS project to use Foundry – before quitting the health service and joining Palantir in April 2022. Harjeet Dhaliwal, who was previously deputy director of data services at NHS England, joined the firm later that same year. The two ex-NHS staffers joined Paul Howells at Palantir, the company’s “health and care director”, who previously led a national data programme for NHS Wales.

That giant sucking sound is Palantir trying to pull highly regulated data and talent into Thiel’s control. Has there ever been a modern healthcare run and collapse of public service by a monopolist? Perhaps we’ll see one in England.

In related news, the country that knows best the signs of monopolistic ferver (e.g. Nazism) is said to be taking big steps away from the highly dangerous Palantir.

Germany raises red flags about Palantir’s big data dragnet. A court put strict limits on pulling innocent bystanders into big data investigations.

England should be getting its direction from Germany, and not ironically.

The American occupation and organization of laws in Germany after WWII has now put it far ahead of both the UK and even the US on basic public safety, as seen by temperature on Palantir.

Beware the signs of an unrepetant monopolist who works hard to profit from instability and societal collapse while claiming they didn’t believe their final solution would be realized (brazenly refuse to accept guilt).

SVB collapse increasingly seems to have been an intentional act by Thiel, and the NHS now appears to be targeted for a similar fate.

One of the giant false promises of Tesla is that it would improve safety by reducing distracted driver risk.

Investigators are now instead asking whether Tesla autopilot marketing is leading drivers to be more distracted than ever.

According to Sgt. Christopher Knox of the North Carolina State Highway Patrol, this was a case of distracted driving. WRAL News asked him if Yee’s Tesla was in autopilot mode, and if that could have played a role.

“We are looking at that,” he said. “That’s not definitive yet. We just believe the driver was distracted. Whether there was an autopilot feature in play or not, that’s something we hope to determine today and in the coming days.”

This tragedy is likely to be more confirmation that expert warnings have been accurate and Tesla has failed to heed them.

MIT researchers released a [2020] study that found that Tesla drivers are more distracted when they use the company’s semi-autonomous Autopilot…

The big fraud of Tesla seems to be getting a lot more attention lately.

A year ago, for instance, 17 percent of potential EV buyers told surveyors at YouGov that their first choice was a Tesla — more than any other brand. Now that number has dropped to 9 percent, outpaced by both Toyota and BMW. That sentiment seems to be turning up in actual sales, too.

Or as one very astute journalist puts it…

According to Consumer Reports, Teslas on Autopilot moved ‘like a drunken or distracted driver.’ …a 2019 independent review by the Quality Control Systems Corporation [stated] that collisions involving airbag deployment in fact likely increased following integration of Autopilot.

A decline in Tesla sales will surely save lives.

Let’s be honest. The first problem with this story is that Tesla owners can’t tell apart the Teslas. If you bought a TZero in 2003, or a Tesla in 2013 or 2023 you’d be forgiven for thinking its designers have been the laziest workers in automotive history.

Fun fact: different cars are required to have different license plates. But let’s not go there since we’re talking about Tesla owners who obviously don’t care about details (I mean they wouldn’t have bought a Tesla, eh).

The second problem is that Tesla software allowed owner A to unlock and drive away in owner B’s vehicle. Unlock functionality. That means the app gives the appearance of being a security device based on unique identifiers, which obviously should NEVER have a “collision” for the WRONG car to be unlocked.

It begs basic competence of Tesla engineering and whether someone reading this is about to go to a major airport and single-handedly drive away with any Tesla in the parking lot like Randev.

Randev said he opened the door with his app, got in and even drove off. It wasn’t until he was driving that he realized something wasn’t quite right. “Apparently I found some glitch,” Randev said. When he went to pick up the car, there were two Teslas parked side by side, he explained. […] “I was able to get access, a hold of that person’s car but while I start driving it, I realized there was a crack on the windshield,” he said. So he called his wife to ask why and she did not know. He also noticed his charger was not where he usually had it. [After realizing the problem finally] “I was surprised how I was able to drive someone else’s car, by mistake, for an hour-and-a-half while his car was in his hand,” he added.

He then angrily told his wife to never change the license plate without telling him. Ooops, sorry. I said I wouldn’t go there.

But seriously, this reminds me of an old joke from the country. Alice and Bob can’t tell their sturdy steeds apart so they measure them. Alice discovers her black horse is ten hands tall while Bob says his white horse is eleven hands tall.

The Tesla story goes on to say that the company is so dysfunctional it’s unable to respond to Randev’s concerns about his safety.

Randev said he reached out to Tesla, with the video evidence, but he had some emails bounce back and no one has contacted him so far. Global News also reached out to Tesla multiple times but did not hear back. “The corporate email in North America, it says the mailbox is full,” Randev said.

Talk about lazy. What do Tesla workers even do while they’re not doing their job?

Perhaps Randev should install the Tesla corporate email app and see if it lets him in as administrator? If their mail server is anything like their other “futuristic” BS talk, it probably still has default passwords and zero effort at security.

Related, the type of things Tesla knew when they designed their app:

• Bad physical entropy: “If you have a car made before 1995 you could be at risk of someone having a twin key to your car.”
• Bad wireless entropy: “After issues with keyless entry in some vehicles a few years ago, the technology was upgraded [before 2016], making getting into someone else’s car with your remote, pretty hard to do.”
• Car maker apathy: “Until more concern, publicity and complaints are brought out, this will not be of significant concern for auto manufacturers and they won’t spend the money needed to correct this.”

Tesla is a lazy fraud. Their brand is basically garbage engineering for careless people in a rush who don’t check details.

Nothing to see here. Move along.

The move leaves Microsoft without a dedicated team to ensure its AI principles are closely tied to product design at a time when the company is leading the charge to make AI tools available to the mainstream, current and former employees said. …the team has been working to identify risks posed by Microsoft’s adoption of OpenAI’s technology throughout its suite of products. […] The elimination of the ethics and society team came just as the group’s remaining employees had trained their focus on arguably their biggest challenge yet: anticipating what would happen when Microsoft released tools powered by OpenAI to a global audience.

What would happen? Apparently Microsoft would kill the messengers like a Facebook.