This is a very bad move. Once again the goverment is putting relationships with foreign businesses ahead of domestic firms. It's just more tech we can't independantly rely on.
Part innovator's dilemma, part lack of ambition, part lack of government support, part the usual UK/Euro VC situ. All I'll say is I met Karp once, face to face, in Palantir's very early days. The UK firm didn't have a Karp.
I wish I am wrong. Unfortunately agrees with you on everything.
Part innovator's dilemma almost certainly happens to all companies. It is the rest of the sentence that are the problems. Ambition, Government, UK/Euro VC situ, and generally culture.
Those who are Ambition moved to the US. Government, both ruling party and cvivl servant aren't interested to making anything better and I have seen this first hand. UK and Euro VC.
It hasn't been a country with a remote chance of producing another Arm for well over a decade, and Arm, successful though it is, is not a huge financial success. Maybe that's what using Prince Andrew as a trade representative achieved.
I also suspect that your (*) unwillingness to name the actual reasons for the loss of economic capability is the ultimate cause of what you are describing.
(*) And mine, if I'm to be honest.
Nope. What kind of culture puts a guy like that as a trade rep? An utterly superficial one, which is what the UK is today, and that is the root problem.
Liz Truss had her stopped-clock-being-right-twice-a-day moment when she asked why it was that all the kids in the country wanted to be pop stars or football players. It's almost like the effort:reward for absolutely anything else just isn't worth it.
Similarly, if you are the sort of person interested in putting their capitals to productive use (as opposed to a downright parasic extraction of rents) , the best decision you could make is to place them across the sea. Or the ocean.
They’re over 20 years old at this point. That makes them a tech dinosaur.
Sophisticated systems plus powerful connections in government and industry plus so much money. That’s hard to unseat.
Their software is powerful and their FDEs make it valuable for customers. Every person in the billionaire class has high inside sales leverage.
Also it's take special kind of people to build right kind of slimy business structures to work with governments.
It's not just about corruption though because people who choose to work for governments have completely different set of motivations vs just making money. So working with them is just harder than working with business structures with simple goal to maximize profit.
Here's an example of it in action: https://www.youtube.com/watch?v=_Q8bwhAW2Mg
It's hard to describe because each customer usually has some set of customization to their workflow. One palantir customer probably uses the tool in a way unrecognizable to the next customer.
The other, perhaps more significant, asset Palantir has is a team that's gotten really good at interfacing with legacy systems and ingesting data into a more modern one.
One thing to note is, Palantir doesn't collect any data. People so often just assume that it does. The data collection is done by the government. Palantir just builds a fancy browser for data that the government already owns. So if people are angry about data being collected, go blame your government not Palantir.
But the basic idea of "things" and relationships is easy to conceptualize, in fact those physical evidence boards with people and things connected by association have been around for a long time.
But the formal Semantic Web tech proved too complicated, so it's only really used in areas like science and to a limited degree for SEO. However, companies like Google and Facebook saw the value and built their own "knowledge graphs," and eventually companies like Palintir started selling services built on the ability to create knowledge graphs about anything. There are a few companies that do this on a smaller scale, but Palintir has really taken off, and given (and perhaps because of) the personality of the founders and its policing/military focus, and the fact that everyone is incidentally connected one way or another, it has become a very dangerous tool because it ironically does the opposite of what these tools should do on a large scale, enables big orgs to track individuals, starting perhaps legitimately with crooks and terrorists but now expanding into every field and citizen, meaning everyone can be tracked, predicted, and managed (barring good societal rules). If it isn't stopped, it gives absolute control to whoever is on top.