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This isn’t Palantir, this is the companies who buy Palantir software.

The data from JPMorganChase isn’t visibile to Palantir as an organization, but to the bank.

This headline is weird and as accurate as “Microsoft knows everything about you” because the bank uses SQL Server. Or “the Python developers” because python and pandas is used to link a bunch of data together.

Since this is Bloomberg, I would expect them to know the difference between software and data services. Google gets your data when you use them (except for enterprise), most other products don’t.

Cynically, this seems like oppo PR against Thiel. How could you prove this suspicion?

Is it really the case that data does not cross boundaries among Palantir clients? And that the algorithms used by any given client are only informed by the data that client provides?

When I worked there (mid 2009 to early 2014), almost all customers had dedicated installations (as in a rack of servers) with just their data on-site. Even the hosted instances had siloed data. There are features for peering, but AFAIK that has to be explicitly set up between installations.

I’ve used them on prem and hosted. For on prem, definitely. It’s like any other big install of software (sql server cluster, oracle financials). All on site, no data out. Brought in 3rd party data, shared no data out.

Cloud same, but they host and promise not to do anything. Like any other enterprise cloud product.

The only data they gave us was either open sets like weather or census or stuff anyone can buy like Quintiles. So there was no “magic data set” we could mix in or something.

If so, then Palantir is missing a big revenue source: integration with public data that each client would otherwise have to collect on its own.

Palantir is a consulting company, plain and simple. They don't do anything IBM couldn't, they just (plausibly) do it better than IBM.

Unless proven otherwise, then that is hearsay.

Good point, but this is the risk for every cloud hosted software. So every AWS and azure product has this suspicion that’s impossible or extremely difficult to remove.

If you’re really paranoid, then all non-OSS software.

So again, why is Palantir more worrisome than Salesforce?

This is covered further down in the article:

>The military success led to federal contracts on the civilian side. The U.S. Department of Health and Human Services uses Palantir to detect Medicare fraud. The FBI uses it in criminal probes. The Department of Homeland Security deploys it to screen air travelers and keep tabs on immigrants.

But that’s using the data that DHS, or FBI, or CMS has already. It’s not using some Facebook-sleazy data source. It’s not data reuse, but algorithm reuse. And algorithm is a stretch as it’s like teaching people how to use graph databases.

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