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How did Palantir get so powerful?

06 May 2026

Transcription

Chapter 1: How did Palantir emerge in the aftermath of 9/11?

0.031 - 5.443 Unknown

ABC Listen, podcasts, radio, news, music and more.

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7.808 - 14.142 Alan Kohler

What's on the mind of the country's biggest, most influential and most innovative business leaders, founders and creators?

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14.189 - 16.732 Unknown

You're in a very pessimistic place, Alan.

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16.752 - 38.222 Alan Kohler

You get to find out every Friday with me, Alan Kohler, as I sit down with the people influencing the markets, the economy and the ideas shaping our world. I engage regularly, enthusiastically with the tech sector and some of these big players in AI. Find That's Business with Alan Kohler on the ABC Business Daily feed, on ABC Listen or wherever you get your podcast.

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38.242 - 61.372 Matt Bevan

This podcast was produced on the lands of the Wabakal and Gadigal people. When you work in the news, you see a lot of things that give you nightmares. But there's one image that stays with me. It's the worst PowerPoint slide in human history. It looks like a plate of spaghetti and meatballs with hundreds of lines connecting every meatball heading.

61.472 - 85.864 Matt Bevan

It was this incredibly complicated PowerPoint chart. It was produced by the US military in 2010 to illustrate the difficulties they were facing during the war in Afghanistan. When the public got a hold of it, it became a case study for how not to do PowerPoint. This is an actual slide of the Afghanistan strategy last year and it was prepared by the staff to General Stanley McChrystal.

85.965 - 102.977 Matt Bevan

This is a New York Times article. We have met the enemy and here's PowerPoint. Even the head of US forces at the time, General Stanley McChrystal, knew immediately how bad the slide was. When the staff brought this to McChrystal, this PowerPoint slide, he said, when we understand that slide, we will have won the war.

103.558 - 116.843 Matt Bevan

At the time, the US military's overuse of PowerPoint was an easy punchline for commanders when they were giving public speeches. says in there that it is the inalienable right of every four-star army general to use PowerPoint slides when communicating.

117.203 - 131.828 Unknown

Leaders who are going to use disciplined but very unregimented problem solving, able to exercise mature initiative, relying on only commander's intent, not detailed orders in multicolored PowerPoint format.

Chapter 2: What are the foundational principles behind Palantir's technology?

1111.561 - 1125.72 Matt Bevan

But looking at it dispassionately, it's clearly impressive software. way better than the PowerPoint nightmares they used to deal with. But programming these maps, which Palantir calls the ontology, was slow, painstaking work.

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1126.241 - 1146.859 Matt Bevan

It involved writing incredibly complicated software and talking to a lot of different people, so they didn't overemphasise the importance of any one particular data source or ignore another one. It also didn't entirely solve the marble jar problem. Because each industry needed information laid out in different ways, the systems didn't talk to each other perfectly.

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1147.66 - 1170.278 Matt Bevan

For instance, Gotham, Palantir's military and law enforcement software, was different from its logistics software, which was called Foundry. But then something came along that was going to put Palantir's marble sorting technology into hyperdrive. Let's start with this language AI, ChatGPT. What is it? Great question.

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1170.558 - 1183.213 Matt Bevan

In 2022, people were starting to get excited about the potential uses of large language models like ChatGPT. It can create custom code. It can create entire books that are written from scratch, that are not plagiarised.

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1183.493 - 1186.276 Unknown

It can write essays. Wow, that really is amazing.

1186.416 - 1198.473 Matt Bevan

But at Palantir, they were quickly coming to a realisation. They had been building software that was to be used by humans, but the way they built it was also perfect for large language models.

1198.713 - 1204.301 Shyam Sankar

We were pleasantly surprised to see how much the world we had been building for met its moment with LLMs.

1204.321 - 1220.168 Matt Bevan

Palantir's Chief Technology Officer Shyam Sankar said that LLMs, large language models, weren't just great at reading their data maps. but needed their data maps in order to be reliable. It's like, wow, you actually cannot unleash the value of an LLM without these things.

1220.188 - 1237.479 Matt Bevan

They had, purely by luck, spent 20 years building a system that organized data in a way that could be intuitively read by the new wave of AI systems. And it was laid out in an ideal way for the AI system to produce reliable information.

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