Alex Karp says the biggest problem with AI is that not everyone will get that rich from it
Palantir CEO Alex Karp said AI could be about to create a huge wealth disparity."That's a problem for society," he told Axel Springer CEO Mathias Döpfner.Karp also said the overselling of AI by the companies that make it is "disconcerting."AI is making a lot of people rich. You might not be one of them, says Palantir CEO Alex Karp — and that's the problem.In an interview with Axel Springer CEO Mathias Döpfner, Karp said AI will likely raise living standards broadly, but the scale of gains at the very top will be wildly disproportionate to gains elsewhere.
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Palantir CEO Alex Karp said AI could be about to create a huge wealth disparity."That's a problem for society," he told Axel Springer CEO Mathias Döpfner.Karp also said the overselling of AI by the companies that make it is "disconcerting."AI is making a lot of people rich. You might not be one of them, says Palantir CEO Alex Karp — and that's the problem.In an interview with Axel Springer CEO Mathias Döpfner, Karp said AI will likely raise living standards broadly, but the scale of gains at the very top will be wildly disproportionate to gains elsewhere. Axel Springer is Business Insider's parent company.Karp said that AI wealth disparity is the "biggest problem in this country.""While it will raise the standard of living of the average person, the people involved are likely to get 10, 100 times wealthier than they already are," Karp said on an episode of Döpfner's "MD Meets" podcast that aired Monday.In past technological revolutions, Karp said, the gap between winners and everyone else was far narrower: "The person at the bottom, maybe their salary doubled, and the person at the top became five times wealthier, but it was very unusual to be a billionaire 40 years ago.""You now have a revolution where, you know, I could become 20 times wealthier than I am now," he added.AI is creating a "complete decoupling" between ordinary economic gains and a small class of people who attain "unimaginable wealth," he said.'They're telling you your life is going to suck' Karp said that even if AI doesn't cause massive job losses, it doesn't stop people from worrying about it, as some of the people behind the technology have made those cuts seem inevitable."The people running the lab companies, who are the leaders, told you it's true," Karp said. "They're telling you your life is going to suck.
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- Palantir CEO Alex Karp said AI could be about to create a huge wealth disparity."That's a problem for society," he told Axel Springer CEO Mathias Döpfner.Karp also said the overselling of AI by the companies that make it is "disconcerting."AI is making a lot of people rich. You might not be one of them, says Palantir CEO Alex Karp — and that's the problem.In an interview with Axel Springer CEO Mathias Döpfner, Karp said AI will likely raise living standards broadly, but the scale of gains at the very top will be wildly disproportionate to gains elsewhere.
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- 1 outlet, average source rating 6.0/10.
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Alex Karp says the biggest problem with AI is that not everyone will get that rich from it
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