Palantir: is it a disruptive company?
They claim themselves as a Big Data company, providing AI to gov and commercial companies. But when I was browsing their career site this evening, I didn’t find any opening for AI research scientists or engineers that require AI skills. The only tech related thing I found for this company is Blueprintjs, a react based UI framework. Is this the only core technology of this next gen, 10x disruptively innovative AI/BigData company? Why would people be willing to invest in a company that builds fancy UI? Is UI industry a next disruptive space in investing world? #investments #personalfinance #pltr #wallstreetbets #ark #tesla
Considering that government software UI is complete dog shit, (remember the Hawaiian Missile Alarm fiasco?), there is definitely some value in good UI.
No I don’t remember the Hawaiian missile. How was this related to UI?
It's a surveillance ETL specialty company. Data science bit is done by its customers
They do mass surveillance
Palantir builds infrastructure that enables AI
Enables it. They don't actually do AI.
My local utility- PG&E , builds infrastructure that enables AI .
From what I see, they seem to describe themselves as "data analysis platform". it's too abstract to describe the entirety of it but idk how else I would in one phrase. I don't think they ever said they are "providing AI", but enables AI by letting you create and run models on their platform easily. I think they do have several AI-based features/modules but they seem to be supporting features rather than core. This is based off of my research on Palantir from recent marketing materials and SEC filings and stuff. I could be wrong and am open to correction from those working at Palantir
@Google is spot on
just saw some Palantir employees reply when i scrolled down. your marketing team needs to get an article published by wsj forbes whatever big name describing what you really do lol. some dumb articles still refer to you guys as "surveillance company" "data mining company" 🤡
So what are they exactly ?
Surveillance data mining company
Evil shit.
All the answers in here about them being a platform/data lake/ETL tool are correct. People who keep pushing the stock because they are a disruptive company just don't know what they're talking about and are following WSB hype. With that said, the reason they can still go up higher is because the fields they work in absolutely need their tools and they have a near monopoly in the gov space, where the money is plentiful. Gov contracts are notoriously hard to get and almost impossible for most companies, but once you're in, the bar is really really low to getting more contracts and renewing, and Palantir is the best at this game.
They disrupt privacy.
Blueprint is a dogshit component library. I can confidently say that as someone who was strong armed into using it over Material UI in the role I’m leaving currently
Could give some examples of why?