With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

Alex Karp gestures (Credit: Fabrice COFFRINI / AFP via Getty Images)

The artificial intelligence boom has propelled Palantir’s market value to roughly $322 billion—and pushed CEO Alex Karp‘s net worth to about $15 billion. But the 58-year-old has just warned that the wealth imbalance generated by AI is only going to get worse.

“The biggest problem in this country is [AI] will raise the standard of living of the average person, but the people involved are likely to get 10, 100 times wealthier than they already are,” Karp told Axel Springer CEO Mathias Döpfner on the MDMeets podcast. “That’s a problem for society.”