Re:Palantir S-1
by abeppu on Tuesday August 25, 2020 @05:48PM
(#24276562)
I think "mining" here is used rather carelessly.
In the quote, I think he intends it to be read by a general audience as extracting data from some external source, akin to scraping, i.e. mining a source for data. Maybe they don't do that.
But "data mining" is also a term for analysis which finds patterns or insights in a large dataset, i.e. data is the input from which more valuable results are filtered/composed/summarized. I thought Palantir was all about that.
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> But "data mining" is also a term for analysis which finds patterns or insights in a large dataset, i.e. data is the input from which more valuable results are filtered/composed/summarized. I thought Palantir was all about that.
Indeed, that definition is definitely how I, and most tech-oriented folks I interact with, would define data mining. First and foremost.
But as stated in a different comment thread above, they don't "do" data mining, they just sell data mining tools and how-to manuals! Totally not the same thing!