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Matt Bevan

πŸ‘€ Speaker
3388 total appearances
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Podcast Appearances

If You're Listening
How did Palantir get so powerful?

He and his university buddy named Alex Karp started focusing on the data.

If You're Listening
How did Palantir get so powerful?

The government already had plenty of information that they could use to prevent terror attacks.

If You're Listening
How did Palantir get so powerful?

They just weren't using the information efficiently.

If You're Listening
How did Palantir get so powerful?

Teal and Carp founded a company called Palantir, named after Saruman's all-seeing glass ball from Lord of the Rings.

If You're Listening
How did Palantir get so powerful?

Now, naming your nascent tech company after a tool used by the very bad guy trying to take over Middle Earth is an interesting decision, but we'll, again, get to that a little bit later.

If You're Listening
How did Palantir get so powerful?

As far as Alex Karp and Peter Thiel were concerned, the company was designed to gather all the data points siloed within individual agencies and make connections.

If You're Listening
How did Palantir get so powerful?

Palantir's first investor was the CIA.

If You're Listening
How did Palantir get so powerful?

It's been widely reported, though never officially confirmed, that in 2011 Palantir played a key role in processing information which led to the killing of Osama bin Laden in his secret compound in Pakistan.

If You're Listening
How did Palantir get so powerful?

So how exactly does it work?

If You're Listening
How did Palantir get so powerful?

For the first decade of Palantir's existence, basically nobody knew who they were or what they did.

If You're Listening
How did Palantir get so powerful?

They didn't even start posting on social media until 2015.

If You're Listening
How did Palantir get so powerful?

A person can see a pattern in a hundred things, but it's very hard for them to see a pattern in a million.

If You're Listening
How did Palantir get so powerful?

The company embedded technical experts inside classified US intelligence operations and facilities, trying to access as many different information sources as possible and figure out how they relate to each other.

If You're Listening
How did Palantir get so powerful?

Sticking with the marbles in jars, it worked like this.

If You're Listening
How did Palantir get so powerful?

Rather than all the information being siloed in individual jars, Palantir set up a table where all the marbles from the FBI, the CIA,

If You're Listening
How did Palantir get so powerful?

the NSA and other agencies could be poured onto and examined, allowing users to get a full picture by sorting information more logically and identifying patterns and connections.

If You're Listening
How did Palantir get so powerful?

Like really what it is, is creating a unified view

If You're Listening
How did Palantir get so powerful?

over lots of disparate data sources, which don't otherwise make sense together.

If You're Listening
How did Palantir get so powerful?

The reason they had so little public presence is that they really only had one customer, the US government.

If You're Listening
How did Palantir get so powerful?

Fighting ISIS, stopping human trafficking, supporting money laundering investigations.