5 ms·
Can you expand?
by dr_dshiv 5y ago
Can you expand?
- NicoJuicy 5y agoMany people think palantir cracked AI. While they are just using tensorflow and other things like anyone else. Additionally, large tech can't apply for defense contracts because of internal ethical concerns of employees. So the naritive remains.
- chelical 5y agoWho thinks that? I've never heard this. People thought Watson was a lot more capable than it actually was just because of the Jeopardy PR stunt. People outside tech were buzzing about IBM and Watson. In my experience, people outside tech barely know Palantir exists.
- NicoJuicy 5y agoA lot of retailers buying their stocks and blindly following people like Cathy Woods and random YouTubers. Not me, but i see some guys trying to spread that naritive.
- stathibus 5y ago"Just using tensorflow" is reductive. TF is a design tool, what matters is what you build with it.
- NicoJuicy 5y agoSure. But having 'cracked AI' means you are the innovator. Not just using the tools ( eg. Compare that with Google & AlphaGo ). We're not talking about the same things.
- fourthark 5y agoIt’s promoted as a complete system, but you end up paying them to build out the system to do whatever you wanted to do.
- dr_dshiv 5y agoRight, AI is just custom software, with people in the back to deal with edge cases?
- goatherders 5y agoIBM, Oracle, Panatir....in a lot of cases these are pro services companies that custom build whatever is needed. LOTS of money in enterprise application development.
- NicoJuicy 5y agoOracle is a expensive and "popular" database, IBM does many things ( eg. Quantum computers, ... ) Palantir is a consultancy body shop with a dashboard product and a probably good pipeline for merging data. ( Reference - https://news.ycombinator.com/item?id=11646587 https://news.ycombinator.com/item?id=11646587 ) Pure consultancy is rated much lower ( eg. Thoughtworks if you want a reference)
- ethbr0 5y agoConsultancy + adaptable software is a decent business model. Unfortunately "adaptable software" for {insert industry} is a really hard target to architect right. Especially when the majority of your tech headcount bills by the hour and gets paid to tell the customer "Yes."
- 5y ago
- pmorici 5y agoThey are just a contracting company making money off billing the government hourly for their employees time. It’s a horrible business.
- civilized 5y agoSounds like an awesome business if you're getting the money.
- ashtonkem 5y agoA good deal if you can get it, but probably not the ideal outcome if you’re a citizen paying for it or dealing with systems engineered by them.
- pmorici 5y agoNot really assuming they are the prime contractor all the value is in the contracts and those are time limited before being re-competed lose all your contracts and your business value goes to zero because there is no IP like a Google or a Microsoft would have that is at the core of the value of the company.