Alex Karp says the biggest problem with AI is that not everyone will get that rich from it
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Palantir CEO Alex Karp said artificial intelligence could be about to create massive wealth inequality.
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“This is a problem for society,” he told Axel Springer CEO Mathias Döpfner.
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Karp also said it was “worrying” that companies producing artificial intelligence were overselling it.
Artificial intelligence is making many people rich. He says you may not be one of them Palantir CEO Alex Karp – and that’s it problem.
In an interview with Axel Springer CEO Mathias Döpfner, Karp said AI will likely raise living standards broadly, but the scale of the gains at the top will be hugely disproportionate to gains elsewhere. Axel Springer is the parent company of Business Insider.
Karp said AI wealth inequality is “the biggest problem in this country.”
“While it will raise the average person’s standard of living, the people involved will probably be 10 to 100 times richer than they already are,” Karp said during a segment on the show. Döpfner’s “MD Meets” podcast It was published on Monday.
In past technological revolutions, Karp said, the gap between the winners and everyone else was much narrower: “The person at the bottom got maybe twice the salary, and the person at the top got five times richer, but 40 years ago it was very unusual to be a billionaire.”
“You are now facing a revolution where I could be 20 times richer than I am now,” he added.
He said artificial intelligence had created a “complete divide” between ordinary economic gains and a small class of people achieving “unimaginable wealth”.
‘They tell you your life will be miserable’
Karp said that even if artificial intelligence does not cause major job losses, it does not stop people from worrying about it because some people behind the technology make these disruptions inevitable.
“The leaders who run the laboratory companies told you this was true,” Karp said. “They tell you your life is going to suck. Also, they get very rich and you don’t find them very likeable.”
Although he did not name any executives, Anthropic’s Dario Amodei and OpenAI’s Sam Altman, Artificial intelligence causes business disruption. Recently, they He softened his positions.
Karp’s comments come at a time when concerns about artificial intelligence have turned into a public outcry. Generation Z showed anger As we turn to technology, the data center boom also is met with hostility from communities and politicians.
It’s also not the first time Karp has spoken critically about the AI industry. Entered leading laboratories at the beginning of this month “Something has gone completely wrong” in the AI market, he said in a CNBC interview.
