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Benzinga
Benzinga
Business
Namrata Sen

Palantir CEO Alex Karp Warns AI Could Become America's Biggest Driver of Wealth Inequality: 'You Now Have a Revolution Where…'

The Palantir Trade

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp warned that AI could become the biggest driver of wealth inequality in the U.S., saying that while the technology is likely to improve the standard of living for the average person, the biggest gains will only go to those leading the AI industry.

On an episode of Mathias Dopfner‘s “MD Meets” podcast on Monday, Karp called AI wealth inequality the “biggest problem in this country.” According to Karp, these individuals could become 10 to 100 times wealthier than they already are, widening the gap between the richest and everyone else.

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