06 Shyam Sankar at Tap the Collective

Shyam Sankar, Palantir Technologies, profiled the disruptive collaborative information analysis platform, Palantir, that came out of efforts by the team from Paypal and engineers from Stanford. Paypal stumbled upon CI while dealing with the existential risk from hackers, as Shyam states, "Paypal wasn't about sending money, it was about sending money without being defrauded by the Russian mob." When fraud was at its height of 150% of revenue, Paypal recognized that humans were much better than machines at catching the fraud, but they didn't have the power to scale sufficiently. Paypal eliminated the fraud through intelligence augmentation, leveraging the collective abilities of the organization through a robust technology platform. Palantir is now applying that same approach to counterterrorism, cyber threat analysis, and open government (open to the public through analyzethe.us).

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• palantir
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