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Reflections on Palantir

(nabeelqu.substack.com)
479 points freditup | 2 comments | 16 Oct 24 02:18 UTC | HN request time: 0.441s | source
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JCM9 ◴[17 Oct 24 12:08 UTC] No.41868867[source]▶
Palantir seems more Mechanical Turk-like than amazing tech. In my observations they could do some interesting things with data but there was no real secret sauce to dealing with the usual messyness of real world data beyond just deploying manual labor to sort it out and then do interesting, but ultimately pedestrian, analysis.

Struck me as not that different from many other consulting type engagements: It’s not something a company couldn’t just do on their own if they wanted but companies just choose to pay someone else to do a bunch of grunt work under the guise of some hand-wavy special expertise and IP.

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1. mandevil ◴[17 Oct 24 15:55 UTC] No.41870844[source]▶
It would be hard for, to pick a random large company like Coca-Cola, to hire a whole bunch of top school CS grads. Their IT team will always be less attractive as a job than working at a company whose whole focus is IT, and so giving the choice, people will prefer to work at a company that makes computer programming its central focus, and pays better than Coca Cola does, and gives them more freedom than Coca Cola does. This is the whole "be a profit center, not a cost center" issue in the corporate world (1). So it would actually be hard for someone like Coca Cola to build a team similar to one that Palantir can provide. This is also how McKinsey etc. work: a top Harvard Business School graduate doesn't want to get hired by Signet Jewelers, selling retail jewelry in shopping malls, but if they get hired by McKinsey to work on the Signet Jewelers contract then everyone is happy.

1: For Coca Cola paying salaries for computer people is a cost that gets in the way of their real business of selling beverages; for someone like Palantir having good computer people produces profit, that is the real business. This is always going to trickle down to the work conditions, pay, etc.

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2. spicebox ◴[17 Oct 24 19:45 UTC] No.41873076[source]▶
Matt Levine has talked about how this is how PE firms work too. No Harvard MBA wants to work for a midsize manufacturing firm, but they’d kill to work for a PE firm that going to make them work for their PortCo that’s a midsize manufacturer (but they get to say they work for Apollo)