seeing a lot of people shilling this today but can someone tell me what their software actually _does_ and why it's a big deal?
Seeing a lot of people shilling this today but can someone tell me what their software actually _does_ and why it's a...
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like, i get that it lets you draw insights across lots of different data sources. but how specifically, and why is this difficult for other companies to do?
No one really does but it’s backed by Peter Thiel and its extremely ambitious
Palantir renders LINK useless
it's what the government will use to spy on you
it has begun
PLTR fucks sissy boys like OP in the ass with big, raw, data.
...
This rabbit hole is too deep. Basically they scrape all known data sets and buy private sets from health care providers then use that to predict the future. Everything from credit card purchases to gps locations. Driving speed. Porn searches every trade in Wall Street. They just need all the data no matter what. Then they look for “abstract triggers” and sell that data for better trading insights. An “abstract trigger” may be every time you buy a snickers bar exactly x amount of Nike shares get sold. Weird stuff.
but palantir don't buy and sell data, do they? i thought they just provide the analysis framework
It's a big data prediction company. Can be used for predicting all kinds of shit. It's like minority report.
i know but like give me examples of how that works and technically what it's doing
They do it with proprietary algorithms/mathematics. It is difficult for other companies to do because it is literally cutting edge proprietary knowledge developed by highly paid geniuses. Your question is like asking "Why didn't Japan just make a nuke and nuke the US first?"
It takes many different data forms (communications data, communications metadata, internet data, market data, weather data, etc etc) and processes it using proprietary techniques.
For example, say the tech is used for catching criminals. It would analyze all communication being done in a city (and larger area likely based on individuals' communications) and scan all language used, patterns of motion, etc to determine people that are most likely to engage in general crimes or the ones who were most likely to have committed a murder or something.
Unscalable fake saas project that failed to make a profit in 17 years and has a horrible governance structure. Hard pass
I really thought this was going to the $8 range so I didn't buy
Hopefully it will correct and more insiders will dump when lockup ends so I can get in at a good price.
Just think of it as a task force of humans for example:
Those people are going to be assigned to peruse through as much data as possible, to learn the habits and tricks of criminals, and to ultimately find a way to arrest them.
Palantir is just software that does all of this on a much grander scale and in a much faster way than humans can in many cases. I imagine it will develop more and more if it has more and more successful implementations.
I don’t know the specifics but that’s the gist of it. They also do anti terror work with us gov and have servers set up in police stations around the country that help monitor real time traffic and airport activity
A lot of these big tech entities haven't made any profit and just burn cash. It is strange to me that they continue to grow more and more and I wonder how much of it is from the government buoying them because of how useful they can be.
didn't read, bought vectorspace instead. enjoy buying your already highly-valued stonks though.
whats vectorspace
Fuck I work here and I was scared af when I just clicked Zig Forums
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Nothing works right, jira has countless bugs, their security is trash.
I wouldn't own equity, but I negiogated for it upon being hired.
Smart Contracts will unironically make data much better for entities like Palantir.
You know that South Park episode where they suddenly remove internet anonymity?
i mean the CIA and military are buying it so the security cant be that shit
>shitcoin of a startup offering special nlp/nlu-type datasets (including patents) for machine learning, correlation, etc
>already in talks with microsoft, s&p, did tests with cern, many hedgefunds in particular, dropped amazon collaboration because amazon is supposed to steal technology, etc, etc.
>tokens will be used to access the datasets and revenue used for 50% token buybacks from the market
>currently at ~20 cent each. many (including the team) expect a realistic $50-$100 or beyond per token in 3-6 years.
>coingecko.com
quote of many partners: "nobody is offering what we are offering." it's one of my data/ai-themed shitcoin gems next to RLC and ocean.
Not really, Federal awards, who do you think codes DHS, USCIS software? No one else wants too. Accenture is bullshit and it's a big deal to jump through hoops because it is federal requirement that everyone must be a US Citizen.
This is called fusion centers, and there are places that mirror data for collection and live analysis.
Yes and no, pattern recognition is why IQ tests are questionable and the software is only as good as the data it gets to extraplate.
no profit needed all true success is behind gov deals.
Wrong, you have the idea but it measures "metadata" not per se communication as that is illegal, and not feasible just yet, but collection over 5G will be easier, though we did go backwards highly because messenger, whatsapp, telegram are encrypted and not impervious to MITM but phone calls and text messages are.
Wrong, it isn't creating the algo, it's the execution and integration with telecoms, government and being the elephant in the room. You'd be surprised how simple sorting and automated filtering can get you in the world of data.
Not data brokers, correct.
Different silo, yes, but this is for insurance companies for risk mitigation/liability and then is also featured for states to know what to invest in. Alot of the stuff is really simple, but the reporting being friendly and easy is why it's popular.
He backs lots of shit, means shit.
Ask me anything, no I won't tell you which office but I will say there's an exodus going on. People quit all the time because of tethics, to the point where if you bring up silicon valley quotes you'll be shunned as pariah and guided that isn't the right way "they" do things (move fast and break things.) and people have been let go for it's memes in emails.
palantir is also brought up a lot in their telegram, which i felt like shitposting here.
why is palantir better equipped to offer these services than other companies?
after they sell a customer, whats the moat like? e.g. how easy would it be subsequently for some other company to poach the work?
also can you describe the nature of the work that palantir does for hedge funds
Mind if I ask what you do at Palantir and how you landed that job? Yes, I was mostly talking out of my ass before.
t. software engineering student trying to figure out how to get ins in some of these larger companies
Also, do you have any thoughts on Smart Contracts "cleaning up" data to make it more useable for analysis? Gartner has been shilling this perspective over the past year and I can't really conceptualize how smart contracts make data "cleaner."