We agree, I think these are the more valid concerns than the "they are operating a data warehouse with all of the data in the entire universe" conspiracy theory that seems popular.

I certainly think that Palantir has ethical issues; as I stated in my parent comment, it wouldn't be high on my list of choices for places to work.

But, when it comes to things like (2), this is a failure of regulation and oversight and needs to be treated as such. Note that this doesn't make Palantir "right" (building a platform to do things that are probably bad is still bad), but there's no reason anyone with basic data warehousing skills couldn't have done this before or after.

Essentially, I think people give Palantir specifically too much credit and in turn ignore the fundamental issues they're worried about. Panic over "dismantle Palantir" or even the next step, "dismantle corporate data warehousing" is misguided and wouldn't address the issues at hand; worry about government data fusion needs to be directed towards government data fusion, and worry about computers making targeting decisions needs to be directed at computers making targeting decisions.