The hysterical reaction to Palantir’s “manifesto” demonstrates the total stupidity of how information disseminates and gets absorbed these days. I call it the packet curse. I’ve seen so many accounts claiming this is some sort of sudden declaration of intent, when nothing in the post is new. All of these arguments were fully set out in Karp and Zamiska’s book over a year ago. The post is basically a synopsis of the book. And if you read the actual book, you understand the grander context, which imho comes across as entirely reasonable. There were some great points in it. But of course nobody reads books anymore. And the lag between information becoming publicly available and being absorbed by the public/market consciousness only grows larger every day. This effect probably needs to be studied by academics focused on efficient market hypothesis. I think it resembles a sort of latent virus effect, where the true consequences of a piece info beginning to circulate don’t become apparent until something triggers an activation. It is a very weird environment. We are both over exposed to information and more under informed than ever.
